"Monthly Rent in Gumi City, Realize Your Dreams"... Launch of Independent Youth Rent Support Program

Monthly Rent Support Extended to Youth Aged 35-39 Previously Excluded from Government Aid

Applications Accepted from August 12 to November 2, Up to 100,000 Won per Month for 24 Months

On August 6, the city of Gumi, North Gyeongsang Province, held a job training session for youth monthly rent support project managers from 25 towns and districts at the city hall's 3rd-floor main conference room.

Gumi City Hall.

This training was organized to establish a smooth cooperation system for the "Gumi City Youth Monthly Rent Support Project," which will be implemented starting in August.

This support project is being promoted independently by the city to allow more young people to benefit, by easing age and income requirements compared to the previous Ministry of Land, Infrastructure and Transport’s temporary special support for youth monthly rent.

In particular, the age limit for eligible recipients has been raised to 39, and the median income standard expanded to 120%, thereby including young people who were excluded from government support. Through this, the city aims to fill the gap in beneficiaries and reduce the economic burden on local youth, encouraging them to settle in the area.

Eligible applicants are unmarried, non-homeowning young workers aged 19 to 39 who live separately from their parents. They must meet the criteria of having an independent youth household income at or below 120% of the median income and assets not exceeding 122 million won.

Youth wishing to apply must have a rental contract for a residence located in Gumi as of the application date and must have completed their move-in registration.

The application period runs from August 12 to November 29. Applicants must visit their local administrative welfare center with proof of rental contract and monthly rent payment documentation to apply.

Selected applicants will receive up to 100,000 won per month for actual monthly rent (lease fee) for up to 24 months.

The city of Gumi will comprehensively review the application details, official data, and results of living condition surveys to determine the recipients of the monthly rent support.

Mayor Kim Jangho stated, "I hope the Gumi City Youth Monthly Rent Support Project will provide practical help for housing stability and reducing housing costs for young people," and added, "We will do our best to expand various policies to ensure young people can settle stably in Gumi."

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