Korea Land and Housing Corp., or LH, said it will begin accepting applications on the 27th for its first-half 2026 call for specialized purchase-rental housing proposals.
Under the program, private developers propose and build rental housing tailored to residents’ needs, including dedicated spaces and services. The public sector then purchases the properties and rents them out at lower rates, LH said.
Examples include Haesimdang in Seoul’s Dobong district, which supports senior community-building and provides health and care services; Arts Stay in Seoul’s Yeongdeungpo district, which supports young people’s arts and startups; and Dadareum House in Seoul’s Eunpyeong district, which helps people with disabilities live independently.
This round seeks about 1,000 units and will use a “private proposal” format, allowing developers to suggest themes such as care and child-rearing, job and startup support, and support for people relocating to rural areas.
LH said it will also apply institutional changes starting with this call, including a unified price-calculation method, a cap on total review time, and penalties for poorly run operating organizations, to encourage private participation and ensure stable project delivery.
Applications will be accepted through May 11. LH plans document screening in June and a comprehensive review in July before notifying applicants of final results. For selected properties, LH will proceed with appraisals and other steps in October before signing agreements.
More information is available in the notice on LH’s Cheongyak Plus platform.
* This article has been translated by AI.
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