Housing Stability Plan: 1.19M Homes, Universal Rental Rules

The Housing Stability Plan aims to supply 1,188,000 publicly supported homes by 2030. It also introduces universal public rental housing for the middle class. However, the income ceiling and rents will need to be checked in a later announcement.

The supply figures are based on the Ministry of Land, Infrastructure and Transport’s announcement on September 21, 2026.

Supply under the Housing Stability Plan

The nationwide supply target for 2026 to 2030 is 1,188,000 homes. The approximately 1.19 million homes cited in the announcement is a rounded figure. The capital region has been allocated 917,000 homes.

Publicly supported housing is the total of public housing for sale and rental housing included in this plan. It does not mean only rental housing operated by public agencies. It also includes publicly supported private rental housing supplied and operated by private businesses.

The public rental housing target, combining newly built, purchased, and jeonse rental housing, is 893,000 homes. The public housing for sale target is 243,000 homes, not 243,000 homes. The figures by type follow the supply table in the Ministry of Land, Infrastructure and Transport’s detailed plan. (Verified figures for 2026 to 2030: 350,000 newly built rental homes, 313,000 purchased rental homes, 230,000 jeonse rental homes, 52,000 publicly supported private rental homes, and 243,000 public homes for sale; total 1,188,000 homes · source korea.kr · checked 2026-09-21) Detailed Housing Stability Plan

The difference between supply targets and move-in schedules

Do not read the entire supply target as new apartments ready for occupancy. Newly built housing is counted when construction starts. Purchased housing includes purchase agreements and other arrangements. Jeonse rental housing uses existing homes.

The annual average of approximately 240,000 homes does not mean that many homes will be ready for occupancy each year. The comparison with the recent 10-year average of 160,000 homes a year is also based on supply measures such as construction starts. The government described the target as an increase of approximately 50%.

If you need to move soon, check the scheduled move-in date in each recruitment notice. Housing scheduled for occupancy from 2028 onward is expected to be announced each year through the Comprehensive Housing Plan. Official announcements also distinguish supply targets from homes scheduled for occupancy. Ministry of Land, Infrastructure and Transport policy explanation

Eligibility for universal public rental housing

Universal public rental housing is a new type that extends eligibility to the middle class. The plan is to set higher income and asset limits than under existing programs. Specific ceilings were still under review when the plan was announced.

The following wording appears on page 11 of the Ministry of Land, Infrastructure and Transport’s detailed Housing Stability Plan.

Details on who can move in, eligibility criteria such as income and assets, the rent structure, and the residency period will be announced within the year after sufficient consultation and other steps

Here, “within the year” means 2026, the year of the announcement. A figure of 180 to 200% of standard median income cannot be used as a confirmed eligibility threshold. It is also difficult to determine eligibility from annual income alone. Check both the later criteria and the actual recruitment notice.

The name “universal” does not mean everyone can move in. The announcement says the housing is intended for people who need a home and do not own one. Do not read the maximum residency period as a period guaranteed from the day you move in.

Size and quality of universal public rental housing

The plan is to offer universal public rental homes of different sizes depending on location. Not every home will have 85㎡ of exclusive-use floor space. The aim is to improve layouts and finishes to reach the quality of privately developed housing.

The proposed layout improvements include three-bay and four-bay designs. “Bay” describes how spaces are arranged along the front of a home. It does not mean three or four bedrooms. Check the floor plan for each unit type to see the number of bedrooms.

The announced supply target for universal public rental housing is approximately 190,000 homes. The detailed plan lists 175,000 newly built homes and 18,000 purchased homes. Together, those figures total 193,000 homes, which are included in the overall supply target.

Common mistakes about income and rent

Do not apply one income limit or rent rate to all public rental housing. Existing programs also have different conditions depending on the housing type and target group. Do not treat estimates for universal public rental housing as rules currently in force.

Standard median income and the average monthly income of urban workers are also different measures. The same percentage does not mean the same income amount. When applying, first check which measure the notice uses.

The annual supply schedule behind the average

The supply targets increase toward the end of the plan. Looking only at the annual average makes it easy to miss this difference. The Ministry of Land, Infrastructure and Transport’s targets by year are as follows.

The targets for 2029 and 2030 total 558,000 homes. That is approximately 47.0% of the overall target of 1,188,000 homes. This percentage is calculated directly from the annual figures in the detailed plan.

Delivery in the later years will therefore have a major effect on whether the overall target is met. The year with a high construction-start target may also differ from the year when more homes become ready for occupancy. For planning a move, the schedule for the particular complex is more useful than the annual average.

Support to check by household circumstances

Alongside the introduction of universal public rental housing, the plan expands support for existing target groups. The program to check first depends on your household circumstances. The following items are announced policy directions, not conditions that have all taken effect.

The supply targets by household group describe how the overall supply is allocated among target groups. Adding them again to the figures by supply type above would double-count them. If you need support now, start by checking recruitment notices for programs already operating.

Changes to existing rental housing and tenant protections

In addition to new supply, the plan includes improvements to existing housing. Aging public rental housing will be rebuilt or remodeled according to circumstances. The government also plans to revise rules on maintenance fees and rental guarantees.

• For the reconstruction of aging public rental housing, the government will pursue temporary housing and plans for existing residents to move back in.
• Landlords are to be required to respond when tenants request an itemized breakdown of maintenance fees.
• The government plans to strengthen penalties for registered rental businesses that fail to obtain rental guarantee coverage.
• Jeonse transaction risk assessments and support for victims of jeonse fraud are also included among the planned measures.

The government plans to introduce a publicly supported private rental model that operates for at least 20 years. It also aims to encourage long-term operation of existing 10-year rentals. Check the relevant notice and contract for the period that applies to an individual lease.

Questions about delivery and support for vulnerable households

Whether the planned housing is delivered depends on land, construction costs, funding, and the conditions under which projects are carried out. The plan needs to secure both desirable locations and high quality. The announced figures alone cannot establish how quickly homes will actually be supplied.

Restructuring LH is also among the planned measures. The plan proposes establishing an organization tentatively called the Housing and Urban Asset Corporation. The idea is to separate the housing welfare function into its own organization. Do not treat the organization’s name or completion of the restructuring as settled facts.

Views also differ on whether support for vulnerable households is sufficient. The government said it would expand the supply of integrated public rental housing as well. Civil society groups said the support for vulnerable households lacked specifics. That assessment was raised at a roundtable on October 1, 2026. Yonhap News Agency’s report on the roundtable

To assess progress, it helps to look at these items separately.

• Actual construction starts, purchases, and contracts against each year’s targets
• The number of homes allocated to low-income households and households in insecure housing, and their rent burden
• Scheduled move-in dates and relocation plans for existing residents during reconstruction
• Funding and public agencies’ capacity to carry out projects on the ground

What to check before applying

Actual applications must be assessed against each project’s resident recruitment notice. The Housing Stability Plan is not itself an application notice. Checking in the following order can help you distinguish the plan from current application conditions.

1. Find notices for the area where you want to live on the MyHome Portal or LH Cheongyak Plus.
2. Check the housing type, such as universal public rental housing, integrated public rental housing, or purchased rental housing.
3. Check the requirements for not owning a home, income, assets, and household members as of the notice date.
4. Add maintenance fees to the deposit and monthly rent to assess whether you can afford the total.
5. Check the application period, required documents, and scheduled move-in date before applying.

The government is also pursuing an integrated waiting-list system that connects application procedures across housing providers. Under the plan, it is scheduled for a pilot in 2027 and operation from 2028. The goal is to shorten the resident selection period from approximately 150 days to 40 days. This does not mean applying now will let you move in within 40 days.