Table of Contents
- 263 Units of Jeonggwan LH Rental Housing Supplied... Full Support for Housing Stability of Workers in Small and Medium-sized Enterprises
- Background of Support – Why Now, Why Gijang-gun?
- Supply Scale and Location – How Many Units and Where?
- Application Eligibility – Who Can Apply and How?
- Selection Criteria and Procedure – Fair and Transparent
- Expected Effects in Busan – Peace of Mind for Workers, Stability for Businesses
- Conclusion – Housing Stability Equals Industrial Competitiveness
- Frequently Asked Questions (FAQ)
263 Units of Jeonggwan LH Rental Housing Supplied... Full Support for Housing Stability of Workers in Small and Medium-sized Enterprises
The city of Busan has decided to supply public rental housing for workers in small businesses located in Gijang-gun.
This initiative is a policy aimed at addressing the labor shortage and housing issues faced by small enterprises within the industrial complexes in the Gijang area. A total of 263 units of LH rental housing in Jeonggwan are to be supplied through institutional provision.
This is expected to contribute to making Busan a more business-friendly city by providing a stable residential environment for small business workers.
Background of Support – Why Now, Why Gijang-gun?
Gijang-gun is a central industrial complex in the eastern Busan area, housing various small businesses including Jeonggwan General Industrial Complex and Myeongnye General Industrial Complex. However, the area faces a lack of housing and challenges in securing workers due to commuting distance issues.
To address this situation, Busan City has collaborated with the Korea Land and Housing Corporation (LH) and the Busan Economic Promotion Agency to implement a system prioritizing the provision of LH rental housing that has been vacant for over a year to workers in small enterprises. This initiative is expected to assist companies in securing labor.
Supply Scale and Location – How Many Units and Where?
The public rental housing being newly supplied totals 263 units, all located in Jeonggwan-eup, Gijang-gun.
In Jeonggwan Complex 4, 45 units will be provided, each with an exclusive area of 51㎡. Jeonggwan Complex 5 will supply 62 units with areas of either 51㎡ or 59㎡. In Jeonggwan Complex 7, there will be 76 units with exclusive areas ranging from 24㎡ to 46㎡. Lastly, Jeonggwan Happy Housing consists of 80 units with exclusive areas from 16㎡ to 36㎡.
These houses are located close to the Jeonggwan Industrial Complex, providing the advantage of proximity to work. Additionally, they are in either newly constructed or newly refurbished complexes equipped with various living conveniences, ensuring high-quality housing conditions.
Application Eligibility – Who Can Apply and How?
Small and medium-sized enterprises that have completed business registration in Gijang-gun are eligible to apply. Workers who are without housing and are part of these enterprises will be granted eligibility to actually move in.
Eligibility Requirements
Small and medium-sized enterprises registered in Gijang-gun qualify. Additionally, domestic workers without housing in Gijang-gun are included. However, directors or auditors who provide actual labor in small businesses are recognized as exceptions.
However, enterprises that are delinquent in national taxes or local taxes, or businesses that fall under harmful industries (e.g., bars, golf courses, multi-level marketing, etc.) cannot apply.
Application Period and Method
From 9 AM on July 24, 2025 (Thursday) until 6 PM on August 6 (Wednesday), online applications for small business financial support will be conducted by the Busan Economic Promotion Agency.
Applicants can choose their desired complex and area, and if the number of applicants exceeds the supplied units, selection will be made based on evaluation criteria.
Selection Criteria and Procedure – Fair and Transparent
The selection process for resident companies considers several elements comprehensively. The number of workers, the duration the company has been in business, export performance, the possession of technical certifications, and records of new hires are used as evaluation criteria. If there is a tie, companies with more workers or longer operational history are prioritized.
The results of the selection will be announced on Wednesday, August 20, 2025. The results will be individually notified via text and will also be published on the platform.
Contracts will be concluded after Thursday, August 21, 2025. Residents must occupy their housing within two months based on the contract date.
The contract period is set in two-year increments, with an extension possible up to 10 years. Additionally, if workers continue to work for the respective company, contract extensions are available.
Expected Effects in Busan – Peace of Mind for Workers, Stability for Businesses
The current initiative goes beyond merely providing rental housing, aiming for sustainable economic development in the region and strengthening the competitiveness of small businesses. It is expected to address the labor shortage issue in the Gijang-gun industrial complex, improve the residential environment for workers, and attract young talent.
Busan City plans to examine the expansion of this pilot project to other areas and the establishment of a continuous rental matching platform, fostering a positive impact on the local community.
Conclusion – Housing Stability Equals Industrial Competitiveness
The instability of housing for workers in small businesses is closely linked to labor outflow. The rental housing initiative being promoted by the city of Busan is a vital strategy that connects the city, industries, and people, significantly benefiting small businesses, which are the backbone of Busan's economy.
Small business owners should not miss this opportunity and consider applying. The summer of 2025 could significantly change the future for both businesses and workers in Jeonggwan.
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Frequently Asked Questions (FAQ)
Q. What types of rental housing can small business workers in Gijang-gun apply for?
263 units of LH institutional supply public rental housing in Jeonggwan-eup, Gijang-gun are provided for small business workers.
Busan City is supplying a total of 263 LH rental housing units for the housing stability of workers in small businesses within the Gijang-gun industrial complex. The supply is distributed across four complexes: Jeonggwan Complex 4, Jeonggwan Complex 5, Jeonggwan Complex 7, and Jeonggwan Happy Housing, with exclusive areas ranging from 16㎡ to 59㎡. These houses are located in close proximity to the Jeonggwan Industrial Complex, offering the significant advantage of proximity to work, and they are either newly constructed or refurbished complexes equipped with ample living conveniences.
Q. What are the eligibility requirements for applying for rental housing?
Employees of registered small and medium-sized enterprises in Gijang-gun who are domestic residents without housing can apply.
Eligible applicants are employees of registered small and medium-sized enterprises located in Gijang-gun, and domestic residents without housing affiliated with those companies will receive eligibility to move in. However, directors or auditors of small companies are considered exceptions. Moreover, companies delinquent on national or local taxes, or in harmful industries (e.g., bars, golf courses, multi-level marketing, etc.) are ineligible to apply.
Q. What is the application period and method for the rental housing?
Online applications through the Busan Economic Promotion Agency are available from July 24 to August 6, 2025.
Applications can be made online via the Busan Economic Promotion Agency platform from 9 AM on July 24, 2025, to 6 PM on August 6, 2025. Applicants can select the desired complex and area. If the number of applications exceeds the available units, selection will be made based on evaluation criteria.
Q. How is the selection criteria and procedure for rental housing?
The selection is based on a comprehensive assessment of factors such as the number of workers, duration of business, and export performance, prioritizing companies with more employees or longer operational history in case of a tie.
When selecting companies, various factors such as the number of workers, duration in business, export performance, technical certifications, and records of new hires are evaluated comprehensively. If there are concurrent scores, businesses with a higher number of workers or longer duration of operations are prioritized. The results of the selection are scheduled to be announced on August 20, 2025, through individual text notifications and platform postings, and contracts will commence from August 21, 2025.
Q. What is the contract duration and occupancy procedure for the rental housing?
Contracts are set in two-year increments and can be extended for up to 10 years, with occupancy to be completed within two months from the contract date.
Contracts are established for two years and can be extended for a maximum of 10 years. Occupancy must be completed within two months from the date of the contract, and extensions can be granted if the workers continue to work for the respective companies. This is a measure to support stable labor retention through housing stability for workers.
