Damyang-gun Implements Various Support Policies to Attract and Settle Young Population

Recruitment of Beneficiaries for Youth Hope Stepping Stone Account and Housing Support Projects for Newlyweds and Multi-Child Families

[Damyang=Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Damyang County, Jeollanam-do announced on the 25th that it will promote various support projects to attract and help young people settle stably.

First, the county will recruit an additional 23 participants for the Youth Hope Stepping Stone Account project from the 30th of this month to the 8th of next month. Under this project, if a young person deposits 100,000 KRW monthly for three years, Damyang County and Jeollanam-do will each provide the same amount to support asset formation and a stable future.

Eligible applicants are those aged between 18 and 39 with a registered address in Damyang County, who have at least three months of work experience (including business operation) within the last six months as of the announcement date, and whose household income recognition amount is 120% or less.

Additionally, from September 1 to October 5, five recipients will be recruited for the Newlywed Couple and Multi-Child Family Housing Support Project.

Eligible applicants are newlywed couples or multi-child families (with two or more minor children) who have purchased a house within Damyang County from November last year to September 30 of this year. They will receive support for loan interest up to 150,000 KRW per month for three years.

A county official stated, “At a time when the aging of the local population is rapidly progressing, creating a sustainable population structure is of utmost importance,” and added, “We will implement various support measures so that young people can settle stably in Damyang, an ecological garden city and a city of humanities education.”

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