Gyeonggi Province Provided 98 Real Estate Brokerage Fee Support Cases in January Alone...More Than Three Times Previous Year

[Suwon Ilbo=Reporter Park No-hun] In January, the number of real estate brokerage fee support cases provided by Gyeonggi Province to low-income provincial residents was 98, which is more than three times higher than the same period the previous year.

Accordingly, the province has urged eligible residents to apply for support as soon as possible.

According to Gyeonggi Province on the 27th, the province provided a total of 360 million won over three years through the 'Gyeonggi Province Real Estate Brokerage Fee Support Project,' which subsidizes brokerage fees for housing sales and jeonse/monthly lease contracts for low-income provincial residents.

The Gyeonggi Province Real Estate Brokerage Fee Support Project, which has been implemented since January 2020, is a system that supports brokerage fees paid for housing sales and jeonse/monthly lease contracts with transaction prices of 200 million won or less for Basic Livelihood Security recipients in the province, up to a maximum of 300,000 won.

The real estate brokerage support project provided 360 million won to 1,851 households during 2020-2022, contributing to housing stability for low-income residents in the province.

This year, the province secured a budget of 100 million won and supported 98 households with approximately 19 million won in January alone.

At this rate, the budget could be depleted early in June this year.

Application forms for brokerage fee support can be downloaded from the Gyeonggi Province website and 'Gyeonggi Real Estate Portal (gris.gg.go.kr)'.

Applicants should submit copies of the sales (lease) contract, brokerage fee receipt, and bank account statement to the real estate division of the city/county office where they registered their address.

A province official said, "We will identify the budget needed through December and reflect it in this year's supplementary budget so that low-income residents can continue to receive support."