, also known as (UR, , ), is a semipublic
Independent Administrative Institution
An Incorporated Administrative Agency (独立行政法人, ''Dokuritsu gyōsei hōjin'' or ''Dokugyo'' in abbreviation) is a type of legal corporation formulated by the Government of Japan under the Act on General Rules for Incorporated Administrat ...
, and is an agency responsible for
Japanese housing. It provides housing at rates pegged to the market, but without the fees associated with private renting in Japan (
key money, renewal fee) or the need for a guarantor. As of 2014, it managed around 750,000 rental properties across Japan.
History
It was founded in 1955 as the Japan Housing Corporation (Nihon Jūtaku Kōdan) to address the country's housing shortage due to post-war urbanisation. It was combined with other government organisations including the Japan Regional Development Corporation and semi-privatized in 2004 during the administration of Prime Minister
Junichiro Koizumi
Junichiro Koizumi (; , ''Koizumi Jun'ichirō'' ; born 8 January 1942) is a former Japanese politician who was Prime Minister of Japan and President of the Liberal Democratic Party (LDP) from 2001 to 2006. He retired from politics in 2009. He is ...
(2001–06).
[Urban Renaissance Agenc]
Over half a century of support for urban development in Japan
Retrieved March 26, 2015 The agency gave rise to the development of
Danchi
( ja, 団地, literally "group land") is the Japanese word for a large cluster of apartment buildings or houses of a particular style and design, typically built as public housing by government authorities. Older danchi are sometimes compared to ...
housing found in urban areas of post-war Japan.
References
External links
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English
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ProfileEnglish
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Companies based in Yokohama
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