Yeongam-gun Small and Medium Enterprise Young Worker Housing Cost Support Project Implementation

Promoting Housing Stability for Young Workers Living in Yeongam-gun Employed at Small and Medium Enterprises
Up to 100,000 KRW Monthly Support for One Year for Jeonse (Over 50 Million KRW) or Monthly Rent Residents

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Yeongam-gun, Jeollanam-do announced on the 22nd that it will implement the 2020 Youth Employment Housing Cost Support Project to alleviate the housing cost burden of young people living in the area and working at small and medium-sized enterprises.

The "Youth Employment Housing Cost Support Project" is a project promoted since last year in cooperation with Jeollanam-do and 22 cities and counties. It provides monthly housing cost support of up to 100,000 KRW for one year to young people working at small and medium-sized enterprises in Jeollanam-do who live in monthly rent or jeonse (long-term deposit lease) housing.

Specifically, the eligibility criteria require applicants to have their resident registration and residence in Jeollanam-do as of the application date, and the type of housing must be monthly rent or jeonse with a deposit of 50 million KRW or more. The age must be between 18 and 39 years old.

In addition, applicants must have worked at a small or medium-sized enterprise for at least the past two months and meet the income criteria with household income recognized as 150% or less of the median income.

Meanwhile, applications and submissions for the project will be accepted for about 25 days from the 28th of this month to the 21st of next month. A county official stated, "Required documents for the project can be checked through the Yeongam-gun website announcement, and for detailed information, please contact the Population Policy Team of Yeongam County Office or the local eup/myeon office of your residence."

Jeon Dong-pyeong, the mayor of Yeongam-gun, said, "I hope that the Youth Employment Housing Cost Support Project, now in its second year, will contribute even a little to the housing stability of local youth," and added, "We will spare no effort to improve youth settlement conditions in various ways, including not only housing support policies but also employment stability and living support."

This content was produced with the assistance of AI translation services.