Sejong City offers employees of relocated companies special housing allocations for 5-1 Living Zone apartments

[Financial News, Sejong = Kim Won-jun, reporter] Sejong City said on the 12th that it would pursue a special housing allocation program for the 5-1 Living Zone to help employees of local businesses that have moved into the area secure stable housing and settle in smoothly.
 The program is intended to give employees of local businesses the opportunity to purchase homes, reduce their housing costs, and support the recruitment of skilled workers and employment stability in various ways.
 The homes to be supplied are in Sejong Smart City L Sujain, a residential development being built in Blocks L6, L7, L8 and L11 of the 5-1 Living Zone in the Hapgang-dong area of Sejong City. Of the 2,191 units in total, 44 have been set aside for special allocation to employees of local businesses that have moved into the area and others.
 Eligible applicants are employees of businesses located in Sejong City that completed construction or signed lease agreements after December 7, 2018. They must also be members of a household without a home and reside in Daejeon Metropolitan City, Sejong City or South Chungcheong Province.
 Employees wishing to apply should check the notice on the Sejong City Hall website by the 23rd, prepare the relevant supporting documents and submit them to the city hall’s Business Support Division.
 The 5-1 Living Zone is a smart city hub designated by Sejong City as a national pilot city and now under development. Advanced urban infrastructure—including an autonomous public transportation network, smart home energy management systems and AI-based urban monitoring services—is being built there on a large scale. As a result, demand from advanced IT and biotechnology companies seeking to move in is on the rise, alongside improvements in residential conditions.
 Applicants should also note that duplicate applications for Blocks L6, L7 and L11, which have the same winner announcement date, will all be invalidated. Applicants must choose only one of the three blocks. However, they may also apply for Block L8, which has a different winner announcement date.
 After checking applicants’ eligibility and assessing their scores for recommendation rankings, Sejong City plans to announce the final candidates for special-allocation recommendations on the 2nd of next month through its website.
 Ryu Je-il, director of Sejong City’s Economic and Industry Bureau, said, “Stable housing for employees of businesses is a key foundation for attracting skilled workers to the region and supporting the sustained growth of local businesses.” He added, “We will continue to provide policy support so that businesses and workers can put down stable roots in Sejong and contribute to a virtuous cycle that revitalizes the local economy.”

[email protected] Kim Won-jun Reporter