The number of applications for the low-rise residential repair support project "Saebit House," promoted by Suwon City, Gyeonggi Province as an urban regeneration project, has increased by 31% compared to last year.
Suwon City announced on the 2nd that from April 11 to 31, a total of 2,967 households applied to participate in the Saebit House project, including 1,230 households in Gwonseon-gu, 861 households in Jangan-gu, 592 households in Paldal-gu, and 284 households in Yeongtong-gu.
Lee Jae-jun, Mayor of Suwon, is speaking at the event celebrating the achievement of 1,000 units at Saebit House. Photo by Suwon City
Suwon City will select beneficiaries on May 14 after conducting quantitative evaluations (document review) and on-site assessments of the applied houses. Subsequently, appropriateness, construction unit costs, and quantities will be inspected. The repair project will be carried out from May to October.
Saebit House supports repair costs for aging low-rise houses within the repair support area. Eligible houses are those with four floors or fewer (detached, multi-family, or row houses) that have been approved for use for more than 20 years. Up to 12 million KRW (with a 10% self-payment) will be supported within 90% of the total construction cost. This year's budget is 5.8 billion KRW.
The main support projects include ▲new electrical work including grounding and replacement of aging wiring facilities ▲repair work to improve performance such as waterproofing, insulation, windows, facilities, and exterior wall work ▲external landscape improvement work such as fence demolition, fence crack repair, gate replacement, and creation of rest areas and flower beds ▲installation of disaster prevention facilities such as flood and fire prevention.
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