Yeoju City Invites Applications for Youth Housing Lease Deposit Loan Interest Support Program

Yeoju City in Gyeonggi Province announced that it is accepting applications for the '2025 Youth Housing Lease Deposit Loan Interest Support Project' from September 29 until October 31 (Friday).

Poster for the "2025 Youth Housing Lease Deposit Loan Interest Support Project." Provided by Yeoju City.

Eligible applicants are young heads of households aged 18 to 39 who are registered residents of Yeoju City as of the announcement date, have an annual income of 40 million won or less, and do not own a home. However, recipients of basic livelihood security or residents of public rental housing are excluded.

The support amount covers 2% of the remaining balance of the lease deposit loan from financial institutions, up to a maximum of 1 million won per year. Applications can be submitted by registered mail or in person to the Welfare Administration Division.

A city official stated, "We expect this project to ease the housing cost burden for young people in Yeoju City, and it has been promoted to improve the living stability and settlement conditions for the youth."

Meanwhile, applications for the Yeoju City Newlywed Couples' Jeonse Loan Interest Support Project are also being accepted until October 31. For more details, please refer to the announcements on the Yeoju City website or contact the Youth Support Team at the Welfare Administration Division.

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