“Housing Stability Plan” announced — 1.19 million public housing units by 2030, 190,000 universal public rental units newly introduced
Source material is a Korean government announcement (in Korean).
In its “Housing Stability Plan” (주거안정플랜) announced on September 21, 2026, the Ministry of Land, Infrastructure and Transport said it plans to supply 1.19 million public housing units by 2030. The 1.19 million units average 240,000 units a year, and 77% of them — 920,000 units — will be supplied in the Seoul metropolitan area. About 150,000 units nationwide (100,000 in the metropolitan area) are expected to be available for move-in from the fourth quarter of this year through the end of 2027. Public rental housing will be supplied as 350,000 construction-type rental units, 310,000 purchase-type rental units and 230,000 jeonse-type rental units, among others, and 240,000 public sale units will be supplied in places such as the third-phase new towns (3기 신도시). Universal public rental housing, open not only to vulnerable groups but to a wide range of groups, will also be newly introduced, with 190,000 units planned by 2030. By life stage, 243,000 units will be supplied for unmarried young people, 328,000 for newlywed and child-raising households and 54,000 for elderly households. Youth monthly rent support will ease its income criterion and age range and extend the support period for young people in the near-poverty group or below to 48 months, and the income criterion for the Youth Dream Housing Subscription Account (청년드림청약통장) will rise from KRW 50 million to KRW 70 million. An integrated system for public rental waiting lists will be built, with a plan to shorten the tenant selection period from 150 days to 40 days.
Key facts
| Announced | September 21, 2026, Ministry of Land, Infrastructure and Transport |
|---|---|
| Public housing supply | 1.19 million units by 2030 (average 240,000 a year) — 920,000 units (77%) in the Seoul metropolitan area |
| Short-term move-in supply | 150,000 units nationwide (100,000 in the metropolitan area) expected from Q4 2026 to the end of 2027 |
| Universal public rental housing | Newly introduced — 190,000 units by 2030 (175,000 construction-type + 18,000 purchase-type) |
| Supply by life stage | 243,000 units for unmarried young people, 328,000 for newlywed and child-raising households, 54,000 for elderly households |
| Youth support | Eased income criterion and age range for youth monthly rent support, 48-month support period for young people in the near-poverty group or below / Youth Dream Housing Subscription Account income criterion KRW 50 million → KRW 70 million |
| Newlywed policy loans | Surcharge rate for exceeding the income limit 0.3% → 0.15% |
| Tenant selection period | Planned reduction from 150 days to 40 days by building an integrated waiting-list system |
| Inquiries | Ministry of Land, Infrastructure and Transport, Housing Welfare Policy Division (주거복지정책과) 044-201-4506 |
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The Ministry of Land, Infrastructure and Transport (국토교통부) said on September 21, 2026 that it has prepared a “Housing Stability Plan for Thick and Tight Housing Welfare” (두텁고 촘촘한 주거복지 실현을 위한 주거안정플랜). It plans to supply a total of 1.19 million public housing units (공적주택) by 2030, an average of 240,000 units a year, 920,000 of them in the Seoul metropolitan area. It will newly introduce universal public rental housing (보편형 공공임대) open to a wide range of groups, supplying 190,000 units by 2030, and will also pursue stronger youth monthly rent support and a shorter selection period for public rental tenants (150 days → 40 days).
Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.
FAQ
How much public housing will be supplied, and by when?
A total of 1.19 million units is planned by 2030, an average of 240,000 units a year, with 920,000 of them in the Seoul metropolitan area. About 150,000 units nationwide are expected to be available for move-in from the fourth quarter of 2026 through the end of 2027.
What is “universal public rental housing”?
It is public rental housing where not only vulnerable groups but a wide range of groups can live at affordable rents. A total of 190,000 units — 175,000 construction-type and 18,000 purchase-type units, among others — is planned by 2030.
What changes for young people?
Youth monthly rent support will ease its income criterion and eligible age range, and the support period for young people in the near-poverty group or below will be doubled to 48 months. The income criterion for the Youth Dream Housing Subscription Account will rise from KRW 50 million to KRW 70 million.