Suwon City Expands Eligibility for Housing Benefit Support and More

Suwon City Hall Exterior View

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Suwon City in Gyeonggi Province will expand the median income criteria for housing benefit recipients from 46% to 47% this year, increasing both the number of eligible recipients and the amount of housing benefits.

Housing benefits are a program that supports low-income residents living in poor housing conditions by providing rent for jeonse and monthly lease, as well as repairs for aging homes.

On the 26th, Suwon City announced that it changed the selection criteria for housing benefit recipients this year from 46% to 47% of the "standard median income," and also raised the standard rent, which is the upper limit of benefit payments for tenant households.

With the expansion of the housing benefit selection criteria, the recognized income amount for a four-person household increased by about 180,000 KRW, from 2,355,697 KRW last year to 2,538,453 KRW this year.

The payment standard for tenant benefits also increased to a maximum of 394,000 KRW per month for a family of four.

For housing benefit recipients who own their homes, repair costs are provided differentially according to the degree of housing aging (minor repair, moderate repair, major repair). Households requiring major repairs such as roof and bathroom work or kitchen improvements can receive support for repair work up to a maximum of 12,420,000 KRW.

Meanwhile, the basic property deduction amount for basic livelihood security recipients was raised from 69 million KRW last year to 80 million KRW, which is expected to allow more housing-vulnerable groups to receive housing benefits.

Last year, the city selected 2,700 households as new housing benefit recipients out of 3,760 households that applied for housing benefits. Housing benefits can be applied for by visiting the administrative welfare center in the dong (neighborhood) of the resident registration address or by accessing the Bokjiro website.

A city official stated, "We will provide housing benefits stably to improve the housing level of vulnerable groups" and added, "We will continue to identify households in housing crisis."

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