Gwanak-gu Attracts Seoul's First Customized Integrated Rental Housing for Single-Person Households

88 Units of Jowondong Generation-Integrated Rental Housing Pass SH Corporation Purchase Review Committee... Contributing to Affordable and Stable Housing for Seniors and Youth Reflecting Regional Characteristics

Aerial View of Jowon-dong Customized Rental Housing

[Asia Economy Reporter Park Jong-il] In Gwanak-gu, a generation-integrated customized rental housing for single-person households of youth and seniors will be established in June next year.

The district announced that it is promoting the supply of generation-integrated customized rental housing for single-person households for the first time in Seoul, and that the review by the SH Seoul Housing and Communities Corporation's purchase review committee was passed last July.

Since the launch of the 7th local government, the district has established a four-year plan for district administration, actively promoting the supply project of customized rental housing tailored to demand, aiming to expand youth housing and customized residential welfare policies.

Through this, last October, the district signed a business agreement with SH Seoul Housing and Communities Corporation for the supply and management of customized rental housing tailored to demand, and completed three rental housing sites in Nangok-dong, Miseong-dong, and Daehak-dong to ensure stable residence and happiness improvement for homeless, low-income youth and artists.

Subsequently, through continuous cooperation with SH Corporation, in June, it was decided to convert general purchased rental housing submitted in the 2nd purchase rental housing announcement of 2021 into customized rental housing for residents by consulting with the building owners.

Also, to attract customized rental housing reflecting regional characteristics, it was agreed to closely coordinate with Seoul City to promote newly constructed rental housing as generation-integrated rental housing for single-person households for seniors and youth.

As a result of the district's various efforts to explore directions for customized rental housing, 88 customized rental housing units for seniors and youth will be established in Jowon-dong in June 2022.

After moving in, by utilizing community spaces, seniors and youth will interact together, creating rental housing that harmonizes with the local community through communication and exchange among residents.

In particular, since the rental conditions are less than 50% of the market price and renewal is possible after two years if eligibility is maintained, it is expected to greatly contribute to providing affordable and stable housing for seniors and youth facing economic difficulties.

A district official said, “We will continue to actively promote the supply of customized housing tailored to demand that can reduce the burden on vulnerable housing groups in the region.”

This content was produced with the assistance of AI translation services.