Korea Housing Finance Corporation (HF) is signing an agreement to create a ‘Generation-Connecting, Elder-Friendly Happy City’ to promote a happy and healthy old age for seniors in the Busan area and foster an environment where youth and seniors coexist.


Through the agreement with Busan City, HF Corporation will promote four projects: ▲ Establishing a Generation-Connecting Upcycle Community ▲ Carbon Neutral ESG On-site Education Project ▲ Senior Awareness Improvement and Generation Integration Project ▲ Support for Low-Income Grandparent-Grandchild Families.

Choi Jun-woo, President of Korea Housing Finance Corporation (left), is taking a commemorative photo with Ahn Byung-yoon, Vice Mayor of Busan, after signing the agreement.

Choi Jun-woo, President of Korea Housing Finance Corporation (left), is taking a commemorative photo with Ahn Byung-yoon, Vice Mayor of Busan, after signing the agreement.

View original image

As part of the ‘Generation-Connecting Upcycle Community’ project, the corporation will build an ESG hub center and promote upcycling, transforming discarded items into products with high environmental value.


Additionally, the ‘Carbon Neutral ESG On-site Education Project’ will train senior instructors specialized in carbon neutrality education and provide environmental education for children. The ‘Senior Awareness Improvement and Generation Integration Project’ plans to operate senior barista teaching classes and a Silver Film Festival where seniors and youth participate together.


In connection with Senior Citizens Day, the ‘Support for Low-Income Grandparent-Grandchild Families’ project will provide living support funds to low-income grandparent-grandchild households.


An HF Corporation official stated, “Through these projects, we will carry out various social contribution activities, including creating eco-friendly jobs for local seniors.”



President Choi Jun-woo said, “We signed this agreement with the hope of supporting seniors’ happy old age and opening a space for generational fusion. Moving forward, the corporation will strive to help make Busan a better place to live for both seniors and youth by strengthening collaboration with related organizations.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing