Suwon Special City Recruits 151 Young Residents for Station-Adjacent Youth Housing

Suwon Special City (Mayor Lee Jae-jun) will recruit new residents for the station-adjacent "Saebits Youth Zone Phase 4" and "Phase 1 Vacant Units" from August 24 to 28. A total of 151 units will be recruited, including 141 units for Phase 4 and 10 units for Phase 1.

Saebits Youth Zone, created in accordance with the "Customized Housing Support Cooperative Agreement for Suwon Youth" between Suwon City and Korea Land & Housing Corporation (LH), is a project where Suwon City independently recruits young people to move into LH's station-adjacent non-residential remodeled youth rental housing and rents it at affordable rates.

Saebits Youth Zone Phase 4 is located at 14-6, Hyowon-ro 265beon-gil, Paldal-gu (Ingye-dong). It newly recruits residents for 141 officetel units with an exclusive area of 26㎡. The location is approximately a 2-minute walk from Suwon City Hall Station.

Phase 1, which recruits vacant unit residents, is located at 28, Gwangwang-ro 123beon-gil, Gwonseon-gu (Gwonseon-dong). It recruits non-homeowning young people to move into 10 officetel units with an exclusive area of 26㎡. The location is approximately a 5-minute walk from Suwon City Hall Station.

The initial lease period is 2 years, and can be renewed up to 4 times in 2-year intervals. Recipients of basic livelihood, medical, or housing allowances pay a deposit of 1 million won and rent at 40% of the market rate, while other youth pay a deposit of 2 million won and rent at approximately 50% of the market rate.

Applicants must be non-homeowning youth aged 19 to 39 with registered residency in Suwon City and meet income and asset criteria. 70% of recruited residents will be selected based on highest scores among those meeting the "Suwon Youth Specialized Priority Residence Criteria," while 30% will be selected based on highest scores among general youth.

Suwon Youth Specialized Priority Residence targets include △youth residing in multi-child Suwon Human Housing △youth living in share house CON △startup youth and artists in Suwon-based companies △young people in self-reliance preparation who have been discharged from child welfare facilities (including foster care) within 5 years or discharged prematurely △youth who exited youth shelters 5 years ago or used them for 2 years or less △victims recommended by institutions such as the Ministry of Land, Infrastructure and Transport and the Jeonse Damage Support Center (HUG).

General youth must have a monthly average income not exceeding 4,576,036 won, which is 120% of the previous year's monthly average income of single-person urban worker households, total assets of 25.1 million won or less, and vehicle price of 45.42 million won or less.

Applications can be submitted from August 24 to 28 through "Saebits Talk Talk Application" on Suwon City's website. Winners and reserved residents will be announced on November 20, and winners must move in within 60 days after signing a contract with Korea Land & Housing Corporation (LH).

A Suwon City official stated, "Saebits Youth Zone is a project to support young people by reducing their housing cost burden and enabling stable living," adding "We will expand housing welfare policies that provide practical assistance to youth."