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Changwon Special City Leads Efforts to Enhance Residential Stability and Quality of Life for Citizens

Changwon Announces the 2025 Comprehensive Housing Welfare Promotion Plan
Customized support for low-income households, young people, newlyweds, and people with disabilities
Focus on housing stability and targeted welfare expansion

Changwon Special City has established and announced the "2025 Comprehensive Housing Welfare Promotion Plan" this year to promote residential stability for citizens and address gaps in the welfare system.

Changwon Special City Leads Efforts to Enhance Residential Stability and Quality of Life for Citizens Changwon Special City Hall.

This plan includes customized housing welfare projects for various groups, such as low-income households, newlyweds, young people, and people with disabilities, and encompasses a total of 16 key projects.


The core focus of this plan is ensuring housing stability for low-income households. The city will provide approximately 64.7 billion KRW in housing benefits (including rent and repair/maintenance subsidies) to tenant and homeowner households with an income at or below 48% of the median income. For repair and maintenance subsidies, home repairs will be carried out in partnership with LH. In addition, a rental deposit support project for homeless basic livelihood security recipients and the near-poor who have been selected for long-term rental housing (over 30 years) will offer interest-free deposit loans of up to 20 million KRW per household.


The Youth Monthly Rent Support Project, separate from the Ministry of Land, Infrastructure and Transport's program, will provide up to 200,000 KRW per month for 12 months, including city-level support. Approximately 193 young people are expected to benefit from this program this year.

The loan interest support projects for newlyweds, covering both jeonse (long-term lease) and home purchase loans, will each provide up to 1.5 million KRW, aiming to ease the housing cost burden for newlyweds without homes and those seeking to purchase their first home.

For households with multiple children, the city will provide support for jeonse loan interest up to 1 million KRW per year to reduce household financial burdens and foster a pro-birth environment.


For vulnerable groups selected for housing upgrades from places like jjokbangs and gosiwons, the city will strengthen moving cost support (400,000 KRW per household) and linkage with LH emergency rental housing. In addition, the home modification project for people with disabilities will support the installation of safety and convenience facilities for 18 households this year.


The city will continue its support for the guarantee fee for jeonse deposit return guarantees to assist victims of jeonse fraud. The support amount, which was 300,000 KRW last year, will be increased to 400,000 KRW, and the city will work to prevent damages by encouraging low-income households and young people to enroll in the guarantee program. Furthermore, Changwon will strengthen the legal foundation of its policies by enacting the Youth Housing Basic Ordinance and the Public Contribution-Type Youth Housing Support Ordinance, and will establish data-driven, customized housing policies through youth housing surveys and the formulation of a basic plan.


Starting in 2025, Changwon Special City plans to shift its housing welfare paradigm from "universal stability" to "customized services," and will create an environment where all citizens can live with peace of mind through detailed action plans focused on housing-vulnerable groups.


Park Seongok, Director of Urban Policy, stated, "We will work to relieve housing insecurity for citizens in vulnerable housing conditions, and especially accelerate improvements in settlement conditions and population inflow by providing substantial housing cost support for young people, newlyweds, and households with multiple children, as well as by expanding the supply of public rental housing. We will do our utmost to implement more stable housing welfare policies."



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


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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