On October 13, flowers are blooming on the black locust tree near the beach in Hwanyeo-dong, Buk-gu, Pohang-si, Gyeongbuk. This tree, native to North America, usually blooms white flowers in May to June. <br>[Image source=Yonhap News]

On October 13, flowers are blooming on the black locust tree near the beach in Hwanyeo-dong, Buk-gu, Pohang-si, Gyeongbuk. This tree, native to North America, usually blooms white flowers in May to June.
[Image source=Yonhap News]

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[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Pohang City, Gyeongbuk, will begin on the 19th accepting on-site applications for the 'Emergency Livelihood Support Fund' to assist low-income crisis households whose income has decreased due to the novel coronavirus infection (COVID-19).


The applicants are households whose income has decreased by 25% or more due to COVID-19-related unemployment, temporary closure, or business suspension. These are low-income crisis households whose income from July to September this year has decreased by 25% or more compared to last year (2019) or the first half of this year (January to June), with income below 75% of the median income standard (3,562,000 KRW for a family of four) and assets below 350 million KRW.


However, households that have received government support such as Basic Livelihood Security (livelihood benefits), Emergency Support (livelihood benefits), Emergency Employment Stability Support Fund, Small Business New Hope Fund, Closed Store Re-challenge Encouragement Fund, Worker Employment Retention Support Fund, Youth Special Employment Support Program participants, or Unemployment Benefits are excluded.


On-site applications will be accepted from the 19th to the 30th. Eligible applicants must visit their local eup, myeon, or dong administrative welfare center and submit proof of income reduction and other documents. To prevent overcrowding, a visiting day system based on the last digit of the birth year will be applied (Monday: 1,6; Tuesday: 2,7; Wednesday: 3,8; Thursday: 4,9; Friday: 5,0).


Online applications have been accepted since the 12th through the 'Bokjiro' website. The support amount is 400,000 KRW for a single-person household, 600,000 KRW for a two-person household, 800,000 KRW for a three-person household, and 1,000,000 KRW for households of four or more. After verification of income and assets, the cash will be paid into the account registered by the applicant by the end of December.



Mayor Lee Kang-deok of Pohang said, "We will do our best to provide prompt support to help crisis households struggling with their livelihoods due to COVID-19, even if only a little."


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

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