Gyeongbuk Development Corporation (President Lee Jae-hyuk) is starting the recruitment of tenants for 66 youth purchase rental housing units for homeless young people. These purchase rental houses are located in Gumi, Gyeongsan, and Pohang, respectively.


The youth purchase rental housing supplied this time is offered at a low rent level of 40-50% of the nearby market price, considering the housing cost burden of young people taking their first step into society. The eligibility criteria are 'homeless unmarried youth who meet certain income and asset requirements,' and if the qualifications are met, they can live for up to 10 years.

Gyeongbuk Development Corporation

Gyeongbuk Development Corporation

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Details can be found in the announcement on the rental notice board on the Gyeongbuk Development Corporation website, and the application period is from 10 a.m. on November 1 to 4 p.m. on November 14. Documents can be submitted either online or by registered mail, choosing one of the two methods, within the submission deadline.


The public rental housing supplied this time includes newly built purchase rental housing located in Pohang and Gyeongsan. For youth purchase rental housing, locations were selected considering the living environment of young people, such as proximity to downtown or university areas, and convenience facilities necessary for daily life, such as air conditioners, washing machines, and refrigerators, are provided.



Gyeongbuk Development Corporation stated that after this supply, it plans to continuously promote the supply of newly built and existing houses located in Gumi, Gyeongsan, Gyeongju, and Chilgok for housing-vulnerable groups such as homeless newlyweds.


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

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