'Namyangju Dadungi Multi-Value Growth'... Childcare Support for Families with Five Children
From August, 2 Million Won Annual Support for Tuition and Childcare Costs
In the Second Half, Support for Jeon-Wolse and Housing Purchase Loan Interest
[Asia Economy Reporter Ra Young-cheol] Namyangju City in Gyeonggi Province will launch the 'Namyangju-type Public-Private Cooperation' project from August to support education and childcare expenses for families with multiple children by discovering local community sponsors such as companies, organizations, and individuals interested in supporting multi-child families and raising funds.
On the 30th, Namyangju City announced that it will implement the "Namyangju Dadungi 多gachi Kiwoom" project targeting families with five or more children.
Among families with five or more children in the jurisdiction, those with a median income of 120% or less will receive 1 million KRW each in tuition and childcare expenses twice a year, in February and August before the new semester starts, totaling 2 million KRW annually.
The support funds will be provided through a selection process via the Welfare Foundation and the Community Chest of Korea.
Meanwhile, the Gyeonggi Eastern Chamber of Commerce and Industry (Chairman Moon Han-kyung) held a charity golf tournament and raised 20 million KRW in donations along with 41 million KRW from Chairman Moon’s personal sponsorship, serving as seed money for the project. Additionally, the city’s Welfare Foundation sponsorship brought the total to 82 million KRW.
Mayor Joo Kwang-deok stated, "We will create a community village atmosphere as children of the local society and implement child-friendly policies that make children and women (mothers) happy by alleviating the burden of childcare even a little."
Currently, there are 82 households with five or more children residing in Namyangju City.
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The city is currently providing free volume-based waste bags to families with three or more children starting this month and plans to support rent and housing purchase loan interest in the second half of the year.
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