Gwangju City Significantly Expands Housing Benefit Support Amounts and Eligibility
[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City will significantly expand housing benefit support for vulnerable housing groups starting this year.
According to Gwangju City on the 27th, from January this year, the eligibility criteria for housing benefit support will be expanded from 44% to 45% of the median income, and the benefits for rental households will be increased by 7.5% to 14.3%. The repair and maintenance benefits for owner-occupied households will also be increased by 21% compared to last year.
Housing benefits are divided into rental benefits, which are provided to households paying actual rent, and repair and maintenance benefits, which are provided to owner-occupied households.
Rental benefits are provided on an actual cost basis up to the standard rent limit according to the household's recognized income and number of members. The standard rent is 179,000 KRW for a single-person household, 198,000 KRW for a two-person household, 236,000 KRW for a three-person household, and 274,000 KRW for a four-person household, which is a 7.5% increase compared to last year.
Repair and maintenance benefits are classified according to the aging level of the house: minor repairs (4.57 million KRW / 3-year cycle), moderate repairs (8.49 million KRW / 5-year cycle), and major repairs (12.41 million KRW / 7-year cycle). Support is provided differentially based on recognized income and has been increased by 21% compared to last year.
Lee Sang-bae, Director of the Urban Regeneration Bureau of the city, said, “We are expanding the target for housing benefit support every year by raising the median income standard,” and added, “We will do our best to ensure that no blind spots occur where benefits are not received.”
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Meanwhile, housing benefits can be applied for by visiting the local administrative welfare center or online through the Bokjiro website.
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