Supporting First Homes! ... Korea Housing Finance Corporation Provides Housing Cost Support for Independent Youth in Busan

(Photo from left) Choi Geum-sik, Chairman of the Busan Community Chest of Korea, Choi Jun-woo, President of the Korea Housing Finance Corporation, and Shim Ju-young, Director of the Busan Child Protection and Independence Support Center, are posing for a commemorative photo after the donation ceremony.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Korea Housing Finance Corporation (HF) donated 55 million KRW to the Busan Community Chest of Korea on the 20th to support housing expenses for youth preparing for independence in the Busan area.

Youth preparing for independence refers to young people who must live independently by themselves after the termination of protection in child welfare facilities and the cessation of economic and social support previously provided by the state.

HF employees conducted the ‘Happy Feet with HF’ campaign from April 29 to May 27, raising donation funds through walking.

The corporation plans to use the 55 million KRW raised through the campaign to support housing expenses for 33 youth preparing for independence residing in Busan, as recommended by the Busan Child Protection Youth Independence Support Center.

President Choi Jun-woo said, “I think it is meaningful that employees can protect the environment and donate to the local community through small actions,” adding, “The corporation will strive to help young people, who are the future generation, live more stable housing lives.”

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