GH to Supply 278 Rental Housing Units in 10 Regions Across the Province...

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Housing and Urban Corporation (GH) is recruiting preliminary tenants for a total of 278 purchase-rental housing units in 10 areas within the province, including Bucheon, Suwon, Ansan, and Yongin, to stabilize housing for vulnerable groups.

Purchase-rental housing refers to houses that GH purchases, such as multi-family and multi-unit houses, renovates, and then supplies at affordable rental conditions at about 30% of the market price to ensure housing stability for low-income residents of the province.

The contract period is initially 2 years, and residents can live for up to 20 years if renewal conditions are met.

In particular, reflecting regional housing demand, 82 units of Type 1 (exclusive area under 50㎡), suitable for households of two or fewer people, and 196 units of Type 2 (exclusive area between 50 and 85㎡), suitable for households of 3 to 4 people, will be supplied.

Eligibility for moving in includes members of households without housing residing in the relevant city or county as of the announcement date (January 25), who are ▲ recipients of livelihood or medical benefits ▲ single-parent families ▲ households urgently needing housing support ▲ low-income elderly (65 years or older) ▲ persons with disabilities with monthly average income between 70% and 100% or less ▲ persons with monthly average income 50% or less, etc.

Applications can be submitted from February 14 to 18 at the administrative welfare center with jurisdiction over the applicant's resident registration address.

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