GH, Supply of 43 Youth-Type Purchase Rental Housing Units

GH Exterior View

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Housing and Urban Corporation (GH) will supply 43 units of 'Youth-type Purchased Rental Housing' to stabilize housing for young people.

Youth-type Purchased Rental Housing refers to existing houses such as multi-family, multi-unit, and officetels that GH purchases and supplies to young people without homes at rental prices lower than the market rate. The houses supplied this time are located in Suwon, Yongin, Ansan, Gimpo, and Goyang.

Eligibility for application is unmarried young people without homes, including university students, job seekers, and young people aged 19 to 39. Applicants must have an income less than or equal to 100% (3,589,957 KRW) of the previous year's average monthly income of urban workers' households.

The housing supplied in the Suwon area is located in Gwanggyo New Town and its surroundings, expected to provide young people with affordable prices and high-quality residential infrastructure.

The housing supplied in Yongin City is adjacent to Jukjeon Station and Sujigu Office Station and is also close to Seongbukcheon Stream, expected to offer a better living environment.

Applications for move-in are accepted from the 27th of this month to the 1st of next month. To prevent COVID-19, applications are accepted by mail only. GH will announce the first-priority winners on November 1.

Detailed information regarding move-in applications can be found on the GH website.

Jang Dong-woo, Head of GH Housing Business Division, stated, "We will actively promote a wider supply of public housing so that the youth do not have to worry about housing issues."

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