Gwangjin-gu Provides Up to 80% Support for Renovation Costs of Aging Apartment Facilities

Budget Increased to 800 Million KRW... 50-80% Support for Maintenance Costs of Multi-family Housing Facilities
One Project per Complex for Parking Lots, Playgrounds, etc., Possible Improvement of Worker Rest Areas like Security Guards' Lounges
Targeting Multi-family Housing with Over 20 Units Past Warranty Period... Applications Open Until the 29th of This Month

Gwangjin-gu (District 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 to 800 million KRW. Also, while previously only apartment complexes that had passed the usage inspection more than 5 years ago were eligible, 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 case related to parking lots, children’s playgrounds, disaster safety facilities, or garbage collection facilities improvement.

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 go through the residents’ representative meeting and then visit or send registered mail to the Housing Management Division of Gwangjin-gu Office by the 29th of this month.

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 varying according to the size and aging level of the complex.

Kim Kyung-ho, Mayor of Gwangjin-gu, said, “Since the residential environment greatly affects our lives, continuous and systematic management is necessary. We will do our best to improve residential welfare so that residents can enjoy a happy daily life.”

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