The Ministry of Land, Infrastructure and Transport said on the 19th that, together with the Korea Real Estate Board (KREB), it will start region-by-region local government workshops on the 20th to revitalize reconstruction and redevelopment projects, and will sequentially hold resident briefings from Dec. 2 to share the direction of reforming maintenance project systems.

/Courtesy of Ministry of Land, Infrastructure and Transport

Through this, the Ministry of Land, Infrastructure and Transport will provide a detailed explanation of the comprehensive overhaul of maintenance project systems included in the plan to expand dwellings supply released on Sept. 7, and will also introduce support schemes to invigorate maintenance projects, such as the initial project cost loan program.

First, the local government workshops will be conducted by region in three locations—Seoul, Daegu, and Daejeon—for public officials of metropolitan and basic local governments nationwide who hold approval authority over maintenance projects. The schedule is Seoul on the 20th, Daegu on the 21st, and Daejeon on the 25th.

At the workshop, alongside the main points of the 9/7 dwellings supply expansion plan, officials will provide guidance on initial project costs, public maintenance projects, and the system for inspecting the actual operation of associations, strengthening the practical capabilities of local government staff while actively communicating by gathering on-site suggestions.

Meanwhile, on-site briefings on policy direction for residents seeking to promote maintenance projects will be held six times in total, starting in Seoul on Dec. 2. At the region-by-region policy direction briefings, the main points released in the 9/7 dwellings supply expansion plan will be explained in an easy-to-understand manner for residents interested in maintenance projects.

In particular, the Korea Housing & Urban Guarantee Corporation (HUG) will provide guidance on the revamped details of the initial project cost loan program, which can help push projects forward in the early stages when funding is difficult, as well as on how to apply.

The Korea Land & Housing Corporation (LH) will introduce the advantages of public maintenance projects and how they differ from private maintenance projects. The Korea Real Estate Board (KREB) will introduce various redevelopment and reconstruction consulting services, such as maintenance project consulting supported by the Future City Support Center and pre-consulting for construction cost contracts.

The detailed locations and schedules for the on-site policy direction briefings can be checked on the Korea Real Estate Board (KREB) website, and advance applications are available starting on the 20th.

Cho Min-woo, head of the housing maintenance division at the Ministry of Land, Infrastructure and Transport, said, "Through these region-by-region local government workshops and on-site policy direction briefings, we expect to strengthen the knowledge and capabilities of local governments with approval authority and residents as project implementers so that maintenance projects can proceed with a sense of speed," adding, "We will continue to go directly to the field—the primary touchpoint for the public—to explain policies and create steady opportunities to gather opinions on maintenance projects."

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