Naju-si Selects 57 Tenants for 'Youth Rental Housing'

Published 10 Nov.2023 14:41(KST)

On the 10th, Naju City in Jeollanam-do announced the selection results of 57 tenants for the youth rental housing for employment on the city hall website.

According to the city, the youth rental housing support project is one of the youth package policies of the 8th local government administration aimed at solving housing problems for young people (aged 18 to 45) moving into Naju.

Rental housing for employed youth (Songwol-dong Booyoung Apartment). <br>[Photo by Naju City]

Rental housing for employed youth (Songwol-dong Booyoung Apartment).
[Photo by Naju City]

Mayor Yoon Byung-tae has been focusing on this project with the goal of resolving workforce shortages for companies in industrial complexes through the influx of young population and creating an attractive Naju that young people want to return to.

The city fully supports the deposit for rental apartments in the old downtown area. The young tenants only need to pay the monthly apartment maintenance fees without any burden of monthly rent or lease costs.

This year, a total of 30 units were prepared, 15 units each in Songwol-dong and Samyeong-dong Booyoung Apartments, and the plan is to supply up to 100 rental housing units by next year.

The first tenant recruitment this year was held from the 5th to the 25th of last month.

A total of 68 applicants, aged between 18 and 45, who had addresses in other regions (cities, counties, districts) outside Naju City and were scheduled to move in immediately upon occupancy, applied.

Among them, after review and resolution by the Youth Rental Housing Support Committee for applicants who met the eligibility criteria, 57 tenants were finally selected.

The city plans to prioritize providing one housing unit each to three family applicants who are workers at companies in the industrial complex, which is a preferential condition.

For the remaining 54 single-person household applicants, two people will be assigned per unit.

The rental housing is currently undergoing interior remodeling and lease contracts have been completed. After procedures such as drawing lots for building and unit numbers and signing usage contracts with selected tenants, move-in is scheduled to begin at the end of this month.

Mayor Yoon Byung-tae said, “I hope this will contribute not only to housing stability for young people who have worked in Naju but lived in other regions, but also to the influx of local youth population and the resolution of workforce shortages in industrial complex companies. We will do our best to ensure that young workers have no inconvenience in moving in through the establishment of a cooperative system with Booyoung Housing.”