The Housing and Urban Guarantee Corporation (HUG) is providing 400 million won in housing rental support for veterans without homes to enhance their housing stability.
HUG announced on June 24 that it delivered the donation during a ceremony at the Korea Chamber of Commerce and Industry conference center in Yeouido, Seoul, commemorating the "2026 National Veterans Housing Improvement Project."
The event celebrated HUG's "Housing Rental Fund Support Project for Veterans Without Homes" alongside the Korea Housing Association's "Support Project for Renovating Homes of Veterans." Approximately 100 attendees included Choi In-ho, HUG's president, representatives of veterans, officials from the Ministry of Veterans Affairs, the Ministry of Land, Infrastructure and Transport, the Korean Liberation Association, and representatives from home renovation support companies.
HUG's housing rental fund support project for veterans has been ongoing since 1995, making it the longest-running social contribution initiative aimed at honoring veterans and supporting the stable housing of their families.
Through this initiative, HUG has provided a total of 9.526 billion won to 2,148 households of veterans without homes. This year, the organization plans to allocate an additional 400 million won to support housing rental funds for 77 households.
Last year, HUG also supported 77 households of veterans without homes with a total of 400 million won in rental funds, continuing its commitment to housing support for veteran families each year.
Choi In-ho stated, "Without the sacrifices and dedication of our veterans, today's South Korea would not exist. We pay our respects to their patriotism and will continue HUG's efforts to improve the housing welfare of veteran families."
* This article has been translated by AI.
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