Chungnam Province to Provide 23.2 Billion Won in Special Support Funds to Residents Affected by Heavy Rain
First in the Nation:
Preemptive Measures for Rapid Compensation
for Housing, Agriculture, and Small Business Owners
Governor Kim Taeheum of Chungnam held a disaster support measures meeting on the 6th and decided to provide special support funds amounting to 23.2 billion won to residents affected by the heavy rains in July. / Chungnam Provincial Government
View original imageChungnam Province announced on August 6 that it will provide a total of 23.2 billion won in special support funds to residents affected by the heavy rains in mid-July, starting from August 7.
According to the province, the special support funds will be distributed across three sectors: housing (5.4 billion won), agriculture (6.4 billion won), and small business owners (11.4 billion won). The province and local municipalities will cover any shortfall not provided by the central government.
This measure is the fastest among metropolitan governments and will be distributed through municipal departments ahead of the government’s own support funds.
For housing, up to 120 million won will be provided for completely destroyed homes, up to 60 million won for partially destroyed homes, and up to 6 million won for flooded homes.
For farmers, a special consolation payment of up to 100% will be provided depending on insurance coverage and crop characteristics. Small business owners will receive a total of 9 million won, consisting of 3 million won from the government plus 6 million won from the province and local municipalities.
Governor Kim Taeheum stated, "This special support is a responsibility of local government," and added, "We will provide thorough assistance so that affected residents can return to their daily lives as soon as possible."
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Meanwhile, the province also plans to prioritize the distribution of relief supplies such as daily necessities and home appliances to households affected by flooding.
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