‘Emergency Livelihood Support Fund for Vulnerable Households’ Extended Until November 30... Relaxation of Required Documents

Busan Gijang-gun, "Low-Income Households with Income Decrease, Below 75% of Median Income, and Assets Under 600 Million KRW"

Busan Gijang County Office.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan Gijang-gun announced on the 20th that the application deadline for the ‘Emergency Livelihood Support Fund for Vulnerable Households’ has been extended until the 30th. The required documents have also been significantly reduced.

The Emergency Livelihood Support Fund for Vulnerable Households is a government subsidy provided to low-income households who have experienced income reduction due to COVID-19 related job loss or business suspension/closure but have not received other COVID-19 tailored support programs and are facing difficulties.

This support fund has expanded the eligibility criteria and relaxed the required documents so that applicants only need to verify income reduction to apply.

Eligibility requirements include ▲income reduction ▲household income at or below 75% of the median income standard ▲assets of 600 million KRW or less. For detailed application information, applicants can contact the dedicated call center or the local eup/myeon administrative welfare center of their residence.

The payment amounts are ▲400,000 KRW for a single-person household ▲600,000 KRW for a two-person household ▲800,000 KRW for a three-person household ▲1,000,000 KRW for households of four or more members.

Once the criteria are met and eligibility is confirmed by checking receipt of other support programs, the payment will be made in cash in a single installment to the application account in December.

Applications must be submitted in person at the local eup/myeon administrative welfare center of the applicant’s residence by the 30th. Applications can be made by the head of the household, other household members, or authorized representatives.

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