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  • Seoul to Implement 2030 Housing Project for Young People

    SMG 1232
  • Seoul is pushing ahead with the “2030 Housing Project for Young People,” providing rental housing for young people in 2016. With this project, Seoul will provide assistance for three years for such items as expanding the use of private land in station influence areas temporarily, streamlining the process, and tax benefits. For the project, private companies will build rental houses with 100% of living space to give young people the priority to move into the rental houses.

    Two areas were selected for the pilot project, ▲ Hangangno 2-ga (22, Baekbeom-ro 99ga-gil, Yongsan-gu, 1,088 houses) ▲ Chungjeongno 3-ga (18, Kyonggidae-ro, Seodaemun-gu, 499 houses), and a total of 1,587 housing unit (420 public, 1,167 private) will be provided.

    In particular, Seoul will go further than providing housing by installing a startup support center, education facilities, and concert/exhibition halls in the residence buildings to offer various youth community facilities, thereby creating “Youth villages” where four sectors of the “2020 Seoul Youth Guarantee” plan (a place to live, a place to work, a place for roots, and a place to relax) coexist. In addition, youth community facilities will be expanded by utilizing public contributions.

    Inquiry: Rental Housing Management Division 02-2133-4934

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