Yangpyeong County to Provide Up to 2 Million Won Annually in Housing Loan Interest Support for Young Newlywed Couples

County Launches Housing Loan Interest Support Program for Newlywed Couples
"Reducing the Burden of Buying a Home"
Applications Open from March 9

Yangpyeong County in Gyeonggi Province (Governor Jeon Jinseon) announced on March 5 that it will implement the '2026 Yangpyeong County Housing Fund Loan Interest Support Program for Young Newlywed Couples,' which provides up to 2 million won per year in loan interest support for young newlywed couples residing in Yangpyeong County who have taken out loans for home purchase or lease (jeonse or wolse).

Newlywed Couple Housing Fund Loan Interest Support Program. Provided by Yangpyeong County

This program is a policy aimed at easing the housing cost burden and supporting young people to settle in the region. Based on the actual repayment interest of home purchase or lease loans obtained from financial institutions, the program provides support once a year for up to two years, within the range of up to 2% of the outstanding loan balance and up to 2 million won per year.

Eligible applicants, as of the announcement date (March 5), must meet all of the following criteria: newlywed couples residing in Yangpyeong County within seven years of marriage (with at least one spouse aged 18 to 39), combined annual household income of 80 million won or less (based on 2024 data), and a home with an exclusive area of 85 square meters or less and a purchase price of 420 million won or less, or a lease (jeonse or wolse) deposit of 300 million won or less. For home purchase loans, all household members must own only one home nationwide (residing in Yangpyeong County), and for lease loans, all household members must be non-homeowners nationwide.

Those excluded from support include recipients of the Basic Livelihood Security Program, residents of public rental housing, those eligible for similar programs, and those who have entered into lease contracts with direct lineal ascendants or descendants, to prevent duplicate benefits.

Applications will be accepted from March 9 to March 25. Interested applicants should prepare the required documents and apply through the Gyeonggi Job Foundation’s integrated application system, 'Jobaba Apply.' Detailed information can be found in the notices section of the Yangpyeong County Office website.

Jeon Jinseon, Governor of Yangpyeong County, stated, "This year, we have advanced the implementation of this program from the second half to the first half to provide prompt support for county residents. We hope that this program will help reduce the housing cost burden for young newlywed couples and assist them in establishing a stable foundation for life after marriage."

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