Gangwon-do to Distribute 4th Temporary Livelihood Support Fund for COVID-19 Response in June

Cash Payment of 500,000 Won per Household (Regardless of Number of Household Members)

Gangwon Provincial Government

[Asia Economy Reporter Ra Young-cheol] Gangwon Province will launch the 4th phase of the "Temporary Livelihood Support" program starting from the 10th of this month to assist low-income households that do not qualify for existing welfare programs or this year's COVID-19 tailored support initiatives.

On the 6th, the province announced regarding this program, "We plan to proceed with the project in close cooperation with city and county governments following the government's first supplementary budget allocation."

The support targets households with income at or below 75% of the median income standard, and household property must meet the criteria of 350 million KRW or less in small and medium-sized cities, and 300 million KRW or less in rural fishing villages.

Additionally, financial assets and debts will not be separately checked or applied, and the program is aimed at households experiencing difficulties due to income reduction caused by COVID-19.

However, households that have already received benefits from existing welfare programs (basic livelihood security benefits, emergency welfare livelihood support), emergency employment stabilization subsidies, or employment stabilization subsidies related to this year's COVID-19 disaster relief funds are excluded.

The support amount is 500,000 KRW (cash) per household, and after investigating the applicant's income and property, the first payment will be made on June 25.

If the applicant also receives the management support voucher (300,000 KRW) program for small-scale farms, the difference (200,000 KRW) will be paid as a second payment on June 28 to the applicant's account.

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