The purpose of the study is to pursue the way of rationalization of collecting funds and the operation of National Housing Fund(NHF) which is a representative public sector of housing finance in Korea.
NHF was established on 1981 based on the Housing Construction Promotion Act in order to facilitate the housing supply and to alleviate housing problem. NHF collects fund from various sources such as the First Type of National Housing Bond, the Second Type of National Housing Bond, National Housing Subscription Savings, loans from other public funds, loans from governments, etc. However, most of them are debts from out side which result in future burden of repayment. And they are so dependent on the expected return of housing sector investment that resource mobilization during recess period in not so active.
On the other hand, NHF offers loans with preferrable condition to housing constructors or demanders who want to construct or by the housing units with the size of less than 60㎡. (The rest omitted)
- 국민주택기금 운영합리화방안(Rationalization of national housing fund: Resource mobilization and its operation)
- 윤주현; 김혜승
국민주택기금 운영합리화방안(Rationalization of national housing fund: Resource mobilization and its operation)
|Series Title; No||국토연 / 95-7|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Territorial Development < General|