Changwon City to Distribute the '3rd Changwon-style Disaster Relief Fund'

Separate from Government Disaster Relief Funds... 'Gap Support Measures' for Blind Spots to Be Completed Before Lunar New Year Holiday

Changwon Mayor Heo Seong-mu is holding a briefing on the '3rd Changwon-style Disaster Relief Fund' at Changwon City Hall on the 4th.

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Changwon City, Gyeongnam Province, announced on the 4th that it plans to provide the '3rd Changwon-type Disaster Relief Fund' to industries subject to the city's own assembly ban order and groups excluded from government support, separately from the 3rd government disaster relief fund.

First, 500,000 KRW will be provided to workers employed in industries subject to the city's own assembly ban and workplaces with fewer than 50 employees in the jurisdiction who have been on unpaid leave for more than 5 days, unemployed youth, and rural tourism businesses.

Additionally, 1,000,000 KRW will be given to charter bus drivers, corporate and individual taxi drivers, local flower farms, cultural artists, and travel agencies.

Emergency operating expenses of up to 1,500,000 KRW will also be supported for private and home daycare centers experiencing business difficulties due to prolonged closures.

The city will extend the 'temporary shared property rent reduction' for another six months to alleviate the economic difficulties of shared property users, and will also extend the 50% reduction of the polluter pays charge for the Jinbuk Industrial Complex public wastewater treatment facility for six months, considering the conditions of small and medium-sized enterprises.

As loan demand increases amid a sharp decline in sales, the city will also support the 'Emergency Management Stabilization Fund for Small Business Owners and SMEs' that compensates for interest rate differences.

In addition, BNK Gyeongnam Bank plans to implement an 'Emergency Management Fund Loan' for small business owners.

Incentives for 'Good Landlords' will also be expanded. The property tax reduction for rent cuts will be raised from 50% last year to 75%, and additional reductions will be applied not only to building property tax but also to land property tax.

The city plans to start accepting applications for the 3rd Changwon-type Disaster Relief Fund from next week. The application and review procedures will be simplified to provide payments before the Lunar New Year holiday as much as possible.

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