Ministry of SMEs and Startups: "Special Supply for SMEs Becomes More Advantageous the Longer the No-Home Ownership Period"

Revision of 'Priority Housing Supply Guidelines'
Effective from January 1 next year

[Image source=Yonhap News]

[Asia Economy Reporter Kim Bo-kyung] The government will strengthen preferential treatment based on the period of being without a home for special supply to small and medium-sized enterprises (SMEs) starting next year. The period of being without a home will be categorized up to more than 15 years, allowing long-term SME employees who have been without a home for a long time to receive higher scores.

The Ministry of SMEs and Startups announced on the 26th that it will revise the "Guidelines on Priority Housing Supply for Long-term SME Employees" and implement it from January 1st next year.

The priority housing supply system for long-term SME employees recommends those who have worked for SMEs for more than 5 years or have been with the same company for more than 3 years as candidates for special housing supply.

The Ministry recommends candidates for the SME special supply in order of high scores according to the scoring criteria table. The current scoring criteria operate on a total of 110 points, including length of service (75 points), policy preferences (25 points), period without a home (5 points), and additional or deducted points (±10 points).

However, the weight of additional points for the period without a home was low compared to the full score, resulting in insufficient discrimination for long-term employees without a home. Therefore, to provide stable residential conditions for workers without homes who have worked long-term at SMEs and need housing, the SME scoring criteria have been improved.

For those who have been without a home for a long time, the maximum score limit for the period without a home has been expanded from the existing 5 points to up to 15 points. The scoring criteria for the period without a home have also been revised from the original "5 years or more" to differentiated scoring up to "more than 15 years."

Additionally, two similar categories previously separated as "technical/skilled personnel and key personnel (7 points)" and "certificate holders (3 points)" have been integrated into "technical/skilled personnel and certificates (10 points)." The award history category (5 points) has added a regulation limiting duplicate scoring to ensure fairness among applicants.

This revision of the guidelines is expected to contribute to the housing stability of long-term SME employees without homes, promote the inflow of personnel into SMEs, and encourage long-term employment.

Applications can be made by signing up on the SME Workforce Support Project comprehensive management system website, checking the housing supply announcement, and applying accordingly.

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