Gwangsan-gu, Gwangju, Promotes Housing Renovation Support Project for Low-Income Families

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Gwangsan District, Gwangju Metropolitan City (District Mayor Park Byung-gyu) announced on the 4th that it will promote the ‘2022 Repair and Maintenance Benefit’ project to support home repairs and renovations for low-income homeowners.

The Repair and Maintenance Benefit project is a home repair program targeting homeowner households receiving basic housing benefits with an income at or below 46% of the median income (KRW 2,355,697 for a family of four).

The district signed a business agreement with Korea Land and Housing Corporation (LH) on March 18 and is currently implementing the project.

According to the agreement, Gwangsan District will bear the project costs necessary for home repairs and renovations, while the dedicated agency LH will handle all aspects of the project, including construction orders and supervision.

This year, the budget for the Repair and Maintenance Benefit project is KRW 700 million, and 114 households (74 minor repairs, 25 moderate repairs, 15 major repairs) will be selected based on the condition of the house and recognized income to support improvements in living environments.

Currently, minor repairs are underway for 11 households and moderate repairs for 8 households, while major repairs will be prioritized for 8 households within this month.

A Gwangsan District official stated, “We will do our best to improve the quality of living spaces for vulnerable groups through the Repair and Maintenance Benefit project.”

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