Recruitment of occupants for 4,424 households purchasing rental housing for young people, newlyweds, and newborns

The Ministry of Land, Infrastructure and Transport is said to be recruiting tenants for purchase-lease housing for young people, newlyweds, and households with newborns in 16 cities and provinces across the country starting March 28.

What is a purchase rental house?

*What is a purchased rental house? : Purchase rental housing is housing that LH Korea Land and Housing Corporation purchases existing houses, repairs them, and then rents them out to people of a specific class at low prices. In the past, there were a lot of studio apartments and villas available for purchase or rent, but these days, there are a lot of officetels, so the living conditions are good and it's close to downtown, so transportation is also very good.

*Who are you renting to? : Rented to vulnerable groups such as young people, newlyweds, young newlyweds, and recipients of basic livelihood security. As a result, the rent is very cheap, at 30% to 80% of the market price. This time, a total of 4,424 households are being rented, including 1,722 households for young people and 2,702 households for newlyweds and newborns. After verification of applicant qualifications, you can move in as early as the end of June.

How cheap is it?

*Youth purchase rental housing: Provided to unmarried young people (ages 19 to 29) who do not own a home, and can live there for up to 10 years at a low rent of 40 to 50% of the market price.

*Purchased rental housing for newlyweds and newborn households: Type I (1,490 households) that can live in multi-family homes at 30-40% of the market price, and Type II (1,212 households) that can live in apartments, officetels, etc. at 70-80% of the market price. ) is divided into The original name was Newlyweds Purchase and Rental Housing, but it was changed to Newlyweds and Newborns Purchase and Rental Housing.

*What are the moving-in conditions? : ‘Newlyweds/Newborns Type Ⅰ’ is possible if the monthly average income per urban worker household is less than 70% (90% for dual income). ‘Newlywed/Newborn Ⅱ Type’ only needs to be less than 100% (120% for dual income) of the average monthly income per urban worker household. In particular, starting from this tenant recruitment, we have decided to recruit newborn households as the first tenants and supply them first. ▲Newlyweds who have been married for less than 7 years ▲Prospective newlyweds ▲Households raising children under the age of 6 can apply to recruit residents for newlyweds and newborns.

Can I see pictures of the house too?

*Where can I find more information? : Notices on rental housing for young people, newlyweds, and newborn households that Korea Land and Housing Corporation (LH) is recruiting can be found on the LH Subscription Plus website (apply.lh.or.kr). You can check the qualifications for occupancy of purchased rental housing (177 households) recruited by local corporations such as Seoul Housing and Communities Corporation (SH) on the agency's website.

*How do I apply? : If you go to the LH Subscription Plus website, you can see announcements of rental housing for purchase by region. If you look at the notice for the area you want to live in, you can check the location and site photos, so apply to the place you want. The application period is slightly different for each region, so be sure to check!

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