LH to Recruit Tenants for Jeonse Rental Type Ddeunddeun Housing... 4,200 Units Offered Nationwide

1,940 Units to Be Supplied in the Seoul Metropolitan Area
Up to Eight Years of Residency Regardless of Income or Assets

Korea Land and Housing Corporation (LH) announced on April 21 that it will begin accepting applications for priority group 1 and 2 tenants for the 'Jeonse Rental Type Ddeunddeun Housing' for households with newborns, families with multiple children, and newly married couples, starting from April 21.

The 'Jeonse Rental Type Ddeunddeun Housing' is a type of rental housing that allows tenants to live in non-apartment residences such as villas, multi-family homes, and urban-style residential units. Eligible applicants are required to find a home to live in within the support limit, after which LH will sign a jeonse contract with the homeowner and re-lease the property to the applicant at an affordable rate. This model ensures the protection of tenants’ deposits and provides a stable residential environment.

LH plans to supply a total of 4,200 units of Jeonse Rental Type Ddeunddeun Housing nationwide. Of these, 1,940 units will be located in the Seoul metropolitan area and 2,260 units in other regions. By region, the breakdown is as follows: 800 units in Seoul, 250 in Incheon, 890 in Gyeonggi, 400 in Busan-Ulsan, 67 in Gangwon, 115 in Chungbuk, 378 in Daejeon-Chungnam, 212 in Jeonbuk, 244 in Gwangju-Jeonnam, 396 in Daegu-Gyeongbuk, 352 in Gyeongnam, and 96 in Jeju.

As of the announcement date of April 21, households without home ownership who meet the eligibility requirements within their respective priority groups can reside for up to eight years, regardless of income or assets. Priority group 1 is for households with newborns and families with multiple children, while priority group 2 is for newly married couples. Prospective newlyweds are also eligible to apply.

The maximum jeonse deposit support is 200 million won for the Seoul metropolitan area, 120 million won for metropolitan cities, and 90 million won for other regions. Tenants are required to pay 20% of the jeonse deposit within the support limit and a monthly rent calculated based on an annual interest rate of 1.2% to 2.2% on the supported amount. Applications can be submitted over a five-day period from May 4 to May 8.

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