Gochang County Selected for Ministry of Land's "Youth Specialized Housing Project"

Supply of 40 Units Expected
Total Project Cost Estimated at 10 Billion KRW

Gochang County in North Jeolla Province announced on August 7 that it has been finally selected for the "2025 First Half Youth Specialized Housing Project," organized by the Ministry of Land, Infrastructure and Transport, securing approximately 3.2 billion KRW in national funding.

The county plans to supply around 40 units of public rental housing to ensure residential stability for young people, with the total project cost expected to reach approximately 10 billion KRW.

Perspective view of Gochang County Youth Specialized Housing. Provided by Gochang County

The project site is located at 87, Gyochon-ri, Gochang-eup, an area previously used for official residences and a daycare center. It is adjacent to administrative agencies and convenient facilities, with easy vehicle access and public transportation, making it considered an optimal location for young residents.

The housing units will be two-room types with an exclusive area of 45.54 square meters, and about 40 households will move into a five-story building. Additionally, community spaces such as a shared meeting room, lounge, and rooftop garden will be created, providing a residential environment that goes beyond simple living spaces to enable communication and creative activities.

This project will be directly implemented and operated by Gochang County. As the supply is led by the local government rather than being outsourced to the private sector, it allows for policies tailored to local circumstances and is expected to have a positive effect on establishing a stable youth housing ecosystem in the long term.

The county is making every effort to provide housing for young people and newlyweds by securing projects such as the "Terminal Urban Regeneration Innovation District (LH, 210 units)," the "New Vitality Industrial Complex Job-Linked Public Rental Housing (200 units)," and the "Youth Specialized Housing (40 units)."

County Governor Shim Deokseop stated, "The supply of this youth specialized housing will not only provide a practical housing alternative for young people wishing to live in Gochang, but also serve as a turning point to revitalize the region. We will make Gochang a place where young people can stay, return, become independent, and dream."

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