Gwangju City Extends 'Emergency Livelihood Support Fund for Vulnerable Households' Until the 30th

Gwangju City Hall

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 23rd that it will extend the application deadline for the government’s 2nd Emergency Disaster Relief Fund, one of which is the ‘Emergency Livelihood Support for Vulnerable Households,’ until the 30th.

Initially, public job participants were not eligible to apply, but with this extension, public job participants recognized by the district mayor as having clear reasons for crisis such as income reduction due to COVID-19 can apply. However, participants in the senior job project are excluded.

The Emergency Livelihood Support for Vulnerable Households targets citizens and households with a standard median income of 75% or less (1-person household 1.31 million KRW, 4-person household 3.56 million KRW) and assets of 600 million KRW or less, who are struggling financially due to income reduction caused by COVID-19.

Once the application is completed, the eligibility will be determined through an investigation of the applicant’s income and assets, and next month, a one-time cash payment of 400,000 KRW for a 1-person household, 600,000 KRW for a 2-person household, 800,000 KRW for a 3-person household, and 1,000,000 KRW for households of 4 or more will be provided.

However, households receiving basic livelihood benefits, emergency welfare support, or benefits from existing welfare programs or COVID-19 damage support projects such as the Small Business New Hope Fund are excluded from support. Priority will be given to those with an income reduction of 25% or more, and among other income reducers, payments will be made in order of priority within the budget based on the rate of decrease.

The number of eligible households in Gwangju is about 16,000, and as of the 19th, about 10,000 households, accounting for 62%, have applied.

Park Hyang, Director of the Welfare and Health Bureau of the city, said, “We hope that all eligible citizens apply for the emergency livelihood support fund without missing out and receive the benefits.”

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