Suwon City Recruits Residents for Saebbit Youth Zone No. 2 Near Transit Hub

[Suwon Ilbo=Reporter Jung Jun-sung] Suwon Special City will recruit residents for Saebbit Youth Zone No. 2 near the transit hub from October 7 to 11.

The Saebbit Youth Zone, created in accordance with the "Customized Housing Support Agreement for Suwon Youth" signed by Suwon City and LH (Korea Land and Housing Corporation) in 2022, is a project in which Suwon City recruits young people using its own criteria to move into LH's youth rental housing remodeled from non-residential buildings near transit hubs, and provides them at affordable rates.

The lease period is two years, and can be renewed twice for two-year terms. For recipients of basic livelihood, medical, or housing subsidies, the deposit is 1 million won, and monthly rent is 40% of market rates (253,300-273,350 won). For other youth, the deposit is 2 million won, and monthly rent is 50% of market rates (308,860-333,820 won).

Saebbit Youth Zone No. 2 (1158-13 Seryou-dong, Gwonseon-gu) is a three-minute walk from Seryou Station. The housing (officetel) has 163 units with residential areas of 23-28 square meters.

Unmarried youth aged 19 to 34 with registered addresses in Suwon City can apply. Of the total recruited, 70% (114 people) will be selected by highest score among youth meeting "Suwon Youth-Specialized Priority Residency Criteria," and 30% (49 people) will be selected by highest score among general youth.

The Suwon Youth-Specialized Priority Residency Criteria include: △youth residing in Multi-child Suwon Human Housing △youth residing in Sharehouse CON △youth entrepreneurs and artists in Suwon City △youth who have left child welfare facilities (including foster care) over five years ago or self-supporting youth transitioning from facilities △youth who have been away from youth shelters for over five years or used shelters within two years △victims recommended by government agencies such as the Ministry of Land, Infrastructure and Transport or Jeonse Damage Support Center (HUG).

General youth criteria are youth with registered residences in Suwon City whose average monthly personal income is 120% or less of the previous year's average urban worker income and who meet the Happy Housing (Youth) asset standards (average monthly income of 4,179,557 won or less, assets of 273 million won or less, vehicle price of 37.08 million won or less).

Applications can be submitted from October 7 to 11 on the Saebbit Talktalk application and reception board. After verifying qualifications, the winners and alternate resident list will be announced on December 13. Winners must move in within 60 days after signing a contract with LH.

Last year, 620 people applied for the 83 positions of Saebbit Youth Zone No. 1 residents.

A city official said, "By implementing housing welfare projects such as Saebbit Youth Zone, we will provide stable residential environments for young people."