Suwon City Provides 'Rental Housing' to Minor Children Families with Three Children

The city of Suwon in Gyeonggi Province is providing the 'Multi-Child Suwon Human Housing' for households with three or more minor children.

On the 5th, Suwon City announced that from the 10th to the 17th, it will lease 38 units of Korea Land and Housing Corporation (LH) purchased rental housing with an exclusive area of 85㎡ or less to multi-child households with no home ownership and three or more minor children who have continuously resided in Suwon for more than two years. The average monthly household income must be 70% or less of the previous year's average monthly income of urban worker households, total assets must be 361 million KRW or less, and the value of automobiles must be 36.83 million KRW or less.

The lease period is two years, with a maximum residence period of up to 20 years. Suwon City supports the rent and deposit, so tenants only need to pay the maintenance fees.

The Multi-Child Suwon Human Housing is supplied in two ways. For those currently residing in existing LH purchased rental housing, the deposit and rent are fully supported, and for newly selected households, they can choose from the housing list according to the selection order and lease accordingly.

Applications can be submitted through the 'Suwon Manmin Plaza' website by searching 'Suwon Manmin Plaza' on the Suwon City homepage and accessing the 'Application Submission' board, or by email (lime0725@korea.kr) or in person (Urban Regeneration Division, Suwon City Hall).

A Suwon City official stated, "The eligibility for Multi-Child Suwon Human Housing has been expanded from 'households with four or more minor children' to 'households with three or more children,'" adding, "We hope that this housing support project for healthy upbringing of multi-child families will help overcome the low birthrate."

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