Sancheong-gun Accelerates Support for Youth Housing Stability
Promotion of Policy Projects in Various Fields
Response to Prevent Youth Population Outflow and More
Sancheong-gun, Gyeongnam Province, is moving quickly to stabilize housing for the youth. According to the county on the 11th, various policies are being implemented in multiple areas to prevent the outflow of young people and address the issue of population decline.
First, through the youth public transportation fare support project, which is being implemented for the first time this year, transportation costs for young people are supported. This project targets youth aged 19 to 24 (born between 1999 and 2005) registered as residents, and if they apply online through the ‘Gyeongnam Baro Service’ by April 30, they will receive up to 60,000 KRW (in July-August) based on public transportation usage details from January to June.
Along with this, the ‘Youth Monthly Rent Temporary Special Support (2nd phase) Project’ is also underway, providing up to 200,000 KRW per month for low-income youth aged 19 to 34 (for a maximum of 12 months).
This project targets non-homeowners living separately from their parents who have subscription savings accounts for housing. Reflecting the recent increase in monthly rent costs, the scope has been expanded to include non-homeowners living in housing with a deposit of 50 million KRW or less and monthly rent of 700,000 KRW or less (previously 600,000 KRW or less in the first phase).
Unlike the first phase, which provided support only once in a lifetime, applicants can reapply after the support period ends even if they are currently receiving support. Applications can be submitted until February 25, 2025, through the Bokjiro website or the local town or township office of their address.
The county is also conducting the ‘Jeonse Deposit Return Guarantee Fee Support Project’ to prevent jeonse (long-term lease) fraud, which has become a nationwide issue recently. The project targets tenants without homes who have subscribed to a valid jeonse deposit return guarantee (HUG, HF, SGI) with a lease deposit of 300 million KRW or less as of the application date.
Youth with an annual income of 50 million KRW or less, non-youth with 60 million KRW or less, and newlyweds with 75 million KRW or less are eligible to apply. Notably, until last year, only low-income youth could apply, but from this year, anyone who meets the qualification requirements can apply regardless of age.
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A county official stated, “We will continue to implement more policies in various fields to stabilize housing for the youth,” and added, “We hope for active participation and interest in the various projects that provide benefits.”
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