Gokseong-gun Provides 1.2 Million Won Housing Support for Working Youth

[Gokseong=Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Gokseong-gun, Jeollanam-do announced on the 21st that it will provide annual housing expenses of 1.2 million KRW to working youth.

To this end, Gokseong-gun will recruit candidates for the Youth Employment Housing Expense Support Project from the 25th of this month to the 19th of next month. Selected individuals can receive 100,000 KRW per month for 12 months in housing expenses, with payments made quarterly.

There are several conditions to qualify for support. First, the target is youth workers or youth entrepreneurs aged 18 to 39 residing in Jeollanam-do.

For workers, they must have been employed for at least 3 months within the last 6 months, and for entrepreneurs, they must have opened their business at least 6 months prior to the application date and have operated it for more than 3 months.

The housing type condition requires applicants to be homeless residents living in jeonse (with loans of 50 million KRW or more) or monthly rent (60,000 KRW or less). Additionally, applicants must have an income at or below 150% of the median income (2.74 million KRW per month for a single-person household).

Even if all conditions are met, those receiving similar support cannot be selected. Excluded are low-income housing benefit recipients, LH rental housing supply project beneficiaries, Korea Housing & Urban Guarantee Corporation housing-related financial support recipients, and other government or local government housing project beneficiaries.

Gokseong-gun plans to review the submitted applications and finalize the recipients in March.

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