Gyeonggi Housing and Urban Corporation (GH) is recruiting tenants for the 'Youth-type Purchased Rental Housing' to stabilize housing for young people.
Youth-type Purchased Rental Housing refers to existing houses such as multi-family, multi-unit, and officetels that are purchased and supplied to young people without homes at rental prices lower than the market rate.
A total of 182 units are being supplied this time. The supply areas include nine locations within the province: Goyang, Gimpo, Suwon, Ansan, Anseong, Anyang, Yongin, Uijeongbu, and Pyeongtaek.
Eligibility for tenancy requires being a single young person without a home who falls into one of the following categories: ▲ university student ▲ job seeker ▲ young person aged 19 to 39.
Applicants in the third priority group must have an income of 4,024,661 KRW or less and assets of 299 million KRW or less to apply.
The rental conditions are about 30-50% of the surrounding market price, and the rental period is initially 2 years, with a maximum residence of up to 6 years if renewal conditions are met.
The application periods are April 10-13 (1st priority), April 24-27 (2nd and 3rd priority), and April 10-23 (highest priority), and applications are accepted by registered mail.
For detailed information on eligibility and application methods, please refer to the GH website.
In addition to the existing purchased rental housing project, GH implements various housing welfare projects such as supplying 'construction-type rental housing' including Happy, National, Permanent, and Long-term Jeonse housing, supporting 'lease-type rental housing,' and improving housing quality through 'housing renovation' to stabilize housing life.
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