Jeonbuk Province Promotes Support Project for 'Meeting with Hanok'

Up to 50 Million KRW for New Construction Over 60㎡, Loan Support Limit of 200 Million KRW

[Jeonju=Asia Economy Honam Reporting Headquarters, Reporter Kim Han-ho] Jeonbuk Province announced on the 21st that it will provide loans up to 50 million KRW and 200 million KRW for those who wish to live in and build Hanok (traditional Korean houses).

The support amount consists of subsidies up to 50 million KRW for new construction and loans up to 200 million KRW with an annual interest rate of 2%, linked to the rural housing improvement project, for complexes of 10 to 14 buildings.

Additionally, for extensions, renovations, or remodeling, up to 30 million KRW is available, and subsidies are also provided for extensions, renovations, or remodeling of registered Hanok or those within Hanok villages.

The support target is Hanok houses with a minimum size of 60㎡ or more, and specific detailed criteria such as the form of Hanok must comply with the "Hanok Construction Standards" set by the Ministry of Land, Infrastructure and Transport.

In particular, priority support will be given when building within Hanok complexes to form Hanok clusters.

Jeonbuk Province also plans to operate a "Registered Hanok" system to preserve and manage valuable existing Hanok in the region.

"Registered Hanok" refers to Hanok buildings constructed by individuals or organizations that have preservation value and are registered with the provincial governor by owners or others who intend to maintain the Hanok without arbitrary demolition or destruction for a certain period.

These Hanok must be registered after the completion report if they received support for new construction, and costs required for extension, reconstruction, or remodeling can be supported within the budget.

Jeonbuk Province plans to provide administrative support including consulting together with city and county offices when applicants apply for the support project for Hanok construction.

The province will announce the recruitment of project candidates by the end of February and accept applications through city and county construction departments until early April to select support recipients.

Jeonju=Honam Reporting Headquarters, Reporter Kim Han-ho stonepeak@asiae.co.kr

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