Damyang County and Jeonnam Development Corporation Sign Agreement on "Vacant House Utilization Housing Welfare Project"

Supplying Rental Housing at 10,000 Won per Month
Aiming to Attract Permanent Residents

Damyang County and Jeonnam Development Corporation signed an implementation agreement for the "Vacant House Utilization Housing Welfare Project" at Damyang County Office on the 22nd. Photo by Damyang County

Damyang County (Governor Jeong Cheolwon) signed an implementation agreement for the "Vacant House Utilization Housing Welfare Project" with Jeonnam Development Corporation (President Jang Chungmo) at the county office on the 22nd.

The signing ceremony was attended by Governor Jeong Cheolwon, President Jang Chungmo of Jeonnam Development Corporation, as well as officials from the Urban Division of Damyang County and the Housing Welfare Project Office of Jeonnam Development Corporation, totaling about 10 participants.

The Vacant House Utilization Housing Welfare Project aims to support housing stability for young people and newlyweds, encourage them to settle in the region, and respond to the challenges of population influx and the risk of local extinction. Through this agreement, the county plans to remodel two vacant houses within its jurisdiction and supply them as rental housing at a monthly rent of around 10,000 won.

President Jang Chungmo stated, "By discovering mutually beneficial cooperation models with Damyang County, we will diversify housing welfare, remodel abandoned vacant houses for use as rental housing, and contribute to attracting permanent residents as well as improving the residential environment and urban landscape."

Governor Jeong Cheolwon said, "This agreement is more than just vacant house maintenance; it is the first step in laying the foundation for attracting permanent residents. We will continue to actively utilize idle spaces to create a Damyang where people want to live and which is a good place to live."

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