Eunpyeong-gu Supports Financial and Asset Building for Youth Preparing for Independence

Eunpyeong-gu Supports Financial and Asset Formation for Youth Preparing for Independence... Signs Business Agreement for Jump Stage

Business Agreement Signed with Four Organizations to Support Youth Preparing for Independence

Expected Strengthening of Asset Formation Capabilities through Support for Housing Deposit and Rent for Youth Preparing for Independence

Eunpyeong-gu (Mayor Kim Mi-kyung) announced on the 21st that it signed a "Jump Stage Operation Business Agreement for Financial and Asset Formation Support for Youth Preparing for Independence."

"Jump Stage" is a project that supports youth preparing for independence by providing housing deposits and rent necessary for securing housing, as well as financial mentoring activities.

The agreement ceremony was attended by five organizations including Eunpyeong-gu, Jongno-gu, Woori Financial F&I, the social welfare corporation Angels Haven, and the nonprofit organization Neet Saenghwalja.

According to this agreement, the public and private sectors, including Eunpyeong-gu, Jongno-gu, Angels Haven, and Neet Saenghwalja, will jointly promote the project. The project funds were prepared through 150 million KRW designated and donated by Woori Financial F&I to the Community Chest of Korea.

Under this business agreement, Eunpyeong-gu and Jongno-gu will provide necessary cooperation and administrative support during project implementation, Woori Financial F&I will provide fund sponsorship and social contribution activities, and Angels Haven and Neet Saenghwalja will operate detailed projects and manage cases. Eunpyeong-gu plans to actively support personalized asset formation plans and financial mentoring for youth preparing for independence.

Additionally, Eunpyeong-gu has opened the nation’s first dedicated space and independent living housing for youth preparing for independence. It is actively working to eliminate blind spots where government support does not reach and to help youth overcome fears of independence by allowing them to experience living alone before leaving care, enabling them to settle as healthy members of society.

Kim Mi-kyung, Mayor of Eunpyeong-gu, said, “Through this agreement, we hope that youth preparing for independence who leave care alone can secure housing with peace of mind through mutual cooperation within the local community,” and added, “Eunpyeong-gu will do its best to ensure that youth preparing for independence can live healthy and safe lives.”

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