Gwangjin-gu Provides Up to 80% Support for Renovation Costs of Aging Apartment Facilities
Apartment Complexes with 20 or More Households... Apply by the 29th of This Month
Gwangjin-gu, Seoul (Mayor Kim Kyung-ho) will support up to 80% of the maintenance costs for common facilities in aging apartment complexes.
This year, the project budget has been expanded from 700 million KRW to 800 million KRW. Previously, only apartment complexes that were more than 5 years past their usage inspection date were eligible, but now the scope has been broadened to allow applications once the defect liability period has ended.
The support areas are divided into two categories: ‘General Projects’ and ‘Work Environment Improvement Projects.’ General Projects provide 50-80% support for maintenance costs of common facilities, up to a maximum of 30 million KRW. Each complex can apply for one project related to parking lots, children's playgrounds, disaster safety facilities, or garbage collection facilities improvements.
The ‘Work Environment Improvement Projects’ offer funding to improve conditions for workers such as security guards and cleaners, including rest areas. Support is available for up to 60% of the project cost, with a limit of 5 million KRW. It is also possible to apply for this in conjunction with the General Projects.
The eligible targets are apartment complexes with 20 or more households (excluding studio-type units) that were permitted and constructed under the Housing Act. Interested complexes should submit their applications through the residents' representative meeting by visiting or sending registered mail to the Housing Management Division of Gwangjin-gu Office by the 29th of this month.
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Application results will be announced in March after review by the Apartment Complex Support Deliberation Committee. The projects will be carried out from April to September, with support levels varying based on the size and aging status of the complex.
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