Gochang-gun Promotes 'Vacant House Regeneration Project'... Free Rental for Low-Income Groups and Others

Published 29 Feb.2024 10:45(KST)

Gochang-gun, Jeonbuk announced on the 29th that it will promote the ‘Hope House Vacant House Regeneration Project,’ which renovates vacant houses and rents them out free of charge to low-income groups, housing vulnerable groups, and returnees to farming and rural areas.

The county plans to support remodeling costs up to 25 million KRW per house (with at least 5% self-payment) and intends to renovate 7 vacant houses this year.

Gochang-gun Government Office. [Photo by Gochang-gun]

The vacant house remodeling targets will be separately selected through on-site reviews considering building aging, location and accessibility, and self-payment investment ratio.

Selected landlords through the project must rent the houses free of charge for 4 years to housing vulnerable groups (basic livelihood security recipients, single-parent families, etc.), returnees to farming and rural areas, job-seeking youth, seniors aged 65 and over and their dependents, persons with disabilities, newlyweds, and others.

Vacant house owners who wish to apply for the project can submit the application form to the administrative welfare center of the town or township with jurisdiction over the location of the vacant house from the 4th to the 15th of next month.

Previously, the county selected 12 locations last year and supported free rental to housing vulnerable groups and persons with disabilities.

A county official said, “It is expected to achieve a triple benefit by utilizing vacant houses that have been left unused in a unique way, benefiting tenants, landlords, and resource recycling.”