Damyang-gun Recruiting Participants for 'Return-to-Farming Agricultural Startup and Housing Purchase Support Project'

[Damyang=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Damyang County, Jeonnam (County Governor Choi Hyung-sik) announced on the 11th that it will recruit participants for the first half of the ‘Return-to-Farming Agricultural Startup and Housing Purchase Support Project’ until the 15th of next month.

Applicants must be born after January 1, 1955 (under 65 years old), be the head of the household, and have continuously resided for more than one year outside rural areas based on the date of moving into a rural area.

Additionally, applicants must have lived in Damyang and engaged in agriculture without having passed five years since moving into the rural area, or be non-agricultural residents in rural areas who have completed more than 100 hours of return-to-farming and farming education.

Those employed in industries other than agriculture or holders of business registration certificates in industries other than agriculture (except fisheries, which are allowed as a side business) are not eligible to apply.

If selected as a support recipient, agricultural startup funds up to 300 million KRW and housing purchase funds up to 75 million KRW will be provided with an interest subsidy at an annual interest rate of 2%, repayable in equal installments over 10 years after a 5-year grace period.

Applicants can apply at the local town or township office of their residence until the 15th of next month, and priority support will be given to those with high scores through an in-depth interview evaluation by the Return-to-Farming and Return-to-Village Activation Committee.

A county official said, “This project will be a great opportunity for returnees to farming to settle stably in agriculture and rural areas,” and added, “We ask for the active interest of returnees to farming in the county.”

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