Seven aging low-rise residential areas, including Gaebong-dong in Guro District and Jamsil-dong in Songpa District, were selected as sites for the Moa Town initiative.
The Seoul city government said on the 27th that it held a selection committee for the Moa Town initiative with the participation of Seoul Housing and Urban Development Corporation (SH) on the 25th and designated seven locations as Moa Town initiative sites.
The sites are: ▲ Sadang-dong, Dongjak District (one) ▲ Jamsil-dong, Songpa District (one) ▲ Sinwol-dong, Yangcheon District (one) ▲ Samseong-dong, Gangnam District (one) ▲ Gaebong-dong, Guro District (one) · Gaebong 2-dong (two).
For the selected sites, SH will support the establishment of management plans and the formation of associations, and will participate through the joint project implementation phase after the associations are formed.
In addition, at the sites, the step of "pre-consultation on appropriate zones," which was required under the existing resident proposal method, will be omitted, and work will begin immediately on establishing management plans, which is expected to improve project efficiency. Benefits will also be provided, including expansion of the project area (20,000㎡ → 40,000㎡), easing of the contributed acceptance ratio for rental housing due to upgraded zoning (50% → 30%), and low-interest loan support for project costs.
SH will also select firms in the first half of this year to establish management plans and hold resident briefings. It plans to guide residents on the concrete direction for advancing the public proposal model.
Under the Moa Town initiative conflict-prevention measures, the base date for rights calculation will be applied as the date applications are received. Roads within the Moa Town initiative will be designated as land transaction permit zones.
Choi Jin-seok, head of housing for the Seoul city government, said, "We are preparing to build a stable housing supply pipeline so that groundbreaking for more than 10,000 Moa Housing units can continue every year."