Anseong-si Accepting Applications for Returning Farmers' Agricultural Startup and Housing Purchase Support Funds Until Next Month 10

Up to 300 Million KRW for Startup Funds
and 75 Million KRW for Housing Purchase

On the 20th, Anseong City in Gyeonggi Province announced that it will recruit applicants for the first half of the year 'Return-to-Farming Agricultural Startup and Housing Purchase Support Project' until the 10th of next month.

This project provides low-interest loans at an annual rate of 2% for agricultural startup and housing purchase funds to support stable settlement and successful agricultural startups for returnees to farming and others in rural areas.

The project targets are divided into returnees to farming under the age of 65, non-farming residents in rural areas, and those wishing to return to farming. Each target group has different detailed requirements such as ▲residence period ▲relocation deadline ▲completion of education ▲non-farming period ▲move-in deadline. For more details, please check the Anseong Agricultural Technology Center website or visit the Agricultural Guidance Division of the Anseong Agricultural Technology Center for consultation.

The city will select applicants through a selection committee that conducts in-depth interviews on project plans and motivation for farming settlement. Selected applicants can receive loans for agricultural startup funds up to 300 million KRW and housing funds up to 75 million KRW at a fixed or variable interest rate of 2% per annum. Loan repayment is structured as a 5-year grace period followed by 10 years of equal principal installments.

Kim Bora, Mayor of Anseong City, said, "We will continue to discover and support various policy projects so that returnees to farming can settle stably in rural areas."

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