Gangwon Office of Education Seeks to Extend Housing Rental Support Fund for Education Personnel Through 2032
Gangwon Special Self-Governing Province Office of Education's 50 Billion Won Fund
94.8% of Survey Respondents Support Extending the Fund
The Gangwon Special Self-Governing Province Office of Education, led by Superintendent Kang Samyeong, will extend the term of its Housing Rental Support Fund by five years, through 2032, to help education personnel secure stable housing.
The provincial education office announced on November 3 that it would pursue an amendment to the relevant ordinance to extend the fund's term from June 30 next year, when it is due to expire, to June 30, 2032. It plans to proceed with the amendment after review by the Local Finance Planning Deliberation Committee.
The fund was established in 2022 with 50 billion won to meet housing needs arising from personnel transfers and to secure housing beyond what existing official residences can provide. It has been in full operation since 2023.
There are two forms of support: providing loans to education personnel for housing rental costs, or having district education offices rent homes and provide them as official residences. Eligible applicants are public officials who do not own a home in their work area, with early-career officials who have served for less than three years given priority.
In the first survey conducted since the fund was established, 94.8% of the 870 respondents supported extending its term. Among the 157 respondents who had received housing rental cost support, 95.5% said they were satisfied with the program.
The provincial education office plans to improve the operation of the support programs alongside the fund extension, taking into account regional housing needs, feedback from the field, and the fund's financial situation.
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"We will pursue an extension of the fund's term so education personnel can ease their housing burden and work with stability," said Park Dongun, director of the provincial education office's Administrative Affairs Division. "We will continue providing housing support so that education personnel, including early-career teachers, can settle in Gangwon and focus on educational activities."
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