[Asia Economy Reporter Kim Hyemin] Seoul Housing and Communities Corporation (SH) announced on the 2nd that it is recruiting the 2nd term of the Citizen Shareholders Group, who will jointly consider housing stability for homeless citizens and the development of the corporation.


The SH Citizen Shareholders Group was established in 2019 with a new vision and goal as a smart citizen enterprise, and since then, it has spent time communicating and deliberating with the corporation on various issues arising in urban spaces and housing stability for Seoul citizens.


The SH Citizen Shareholders Group consists of 100 members, including 90 general citizens and 10 experts. The current recruitment for the 2nd term targets 70 people, excluding 30 outstanding existing shareholders and experts. The Citizen Shareholders Group refers to 'Honorary Shareholders' separately appointed by the corporation and will serve without compensation for two years.


The 2nd term of the Citizen Shareholders Group will recruit 60 general citizens and 10 SH direct customers (residents of sale, rental, and Happy Housing). General citizens will be selected by dividing the 25 autonomous districts into three regions and then by age groups to ensure representativeness. Any Seoul citizen aged 19 or older can apply.


The Citizen Shareholders Group will play a role in listening to reports on the corporation’s management performance and business plans and providing opinions. They will also have opportunities to attend as citizen representatives to propose or evaluate policies. They can participate in policy forums, submit opinion statements on discussion topics, and suggest policy alternatives.


Applications will be accepted from the 3rd of this month until the 1st of next month. Applicants must fill out the application form posted on the website and submit it via email. The selection results will be posted on the website in October.



Hwang Sangha, Acting President of SH Corporation, said, "Through cooperation with the SH Citizen Shareholders Group, we will establish a sustainable citizen participation management system and firmly establish our position as a citizen shareholder corporation."


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

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