Gyeonggi-do Opens Applications for Greenbelt Resident Support Projects... Up to 90% Support for Road Construction and More

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is accepting applications for the 2023 Resident Support Project to assist local residents inconvenienced by the designation of development-restricted zones.

On the 31st, the province announced that it is accepting applications until the 18th of next month for the "2023 Development-Restricted Zone Resident Support Project," which provides up to 90% funding support for projects such as road construction and electricity bill subsidies for low-income households in areas affected by the designation of development-restricted zones.

The support categories include ▲ living infrastructure projects to expand basic facilities such as roads, parking lots, and village halls ▲ environmental and cultural projects to improve welfare and culture such as walking trails and leisure green spaces ▲ living expense assistance projects supporting low-income residents within the zone with scholarships and electricity bills ▲ subsidies for renovating old houses to improve residential environments ▲ and LPG small storage tank distribution projects to reduce heating costs for residents.

Among these, the subsidy project for renovating old houses provides a one-time support of up to 20 million KRW for reconstruction, major repairs, remodeling, or functional improvements if the resident has owned a house built over 20 years ago and has lived there for more than 3 years since the designation of the development-restricted zone. Residents must bear 10% of the total cost.

The province will conduct document and on-site evaluations, as well as expert consultations on the submitted projects, then prioritize them according to the resident support project criteria and submit them to the Ministry of Land, Infrastructure and Transport. The Ministry’s final selection will be made in September this year. Depending on the financial independence of the city or county, 70-90% of the project costs can be supported.

Ryu Ho-guk, Director of the Regional Policy Division of the province, explained, "If selected for the resident support project, issues such as the exemption of development-restricted zone preservation charges and phased financial support can be resolved, which were financially burdensome for cities and counties to implement directly."

Meanwhile, this year the province will invest a total of 27.5 billion KRW, including 19.5 billion KRW in national funds and 8 billion KRW in local funds, to support 45 development-restricted zone resident support projects such as the creation of Dangsu Sports Park in Suwon City and road maintenance in Songchugol, Yangju City.

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