Incheon City Increases Housing Benefit Eligibility and Amount for Vulnerable Groups... Up to 391,000 KRW for 4-Person Households

Incheon City Hall

[Asia Economy Reporter Park Hyesook] Incheon City announced on the 9th that it will expand the eligibility and amount of housing benefits that support rent (jeonse and monthly rent) for households facing financial difficulties.

The eligibility criteria will be expanded from the previous standard of 45% of the median income (2.19 million KRW for a family of four) to 46% (2.35 million KRW for a family of four).

The housing benefit amount has been set at 391,000 KRW (maximum for a family of four), a 5.6% increase compared to last year. Repair costs (4.57 million to 12.41 million KRW) will also be supported depending on the aging condition of the residence.

As of the end of December last year, the city provided housing benefits totaling 173.191 billion KRW to an average of 75,915 households per month. This year, the city plans to strengthen housing stability for low-income groups by investing 187.059 billion KRW targeting an average of 86,148 households per month.

Eligible recipients can apply by visiting their local administrative welfare center or through the welfare portal Bokjiro (bokjiro.go.kr).

For more details, inquiries can be made to the Housing Benefit Call Center (1600-0777) or checked on the My Home Portal (myhome.go.kr).

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