Yongin City to Support Up to 1 Million Won in Jeonse Loan Interest for 85 Multi-Child Households

[Suwon Ilbo=Park No-hun Reporter] Yongin Special City is carrying out the 'Multi-Child Household Jeonse Loan Interest Support Project (Phase 2)' to reduce housing cost burdens for non-homeowner multi-child households.

According to Yongin City on the 9th, the support targets are 85 households with parents and children registered as residents in Yongin Special City, including ▲two or more children aged 18 or younger in the same household ▲household income of 180% of the standard median income or below (9.72 million won for a four-member household) ▲residents of residential housing who have received jeonse loan funding from financial institutions.

Citizens wishing to apply should visit the Administrative Welfare Center in their respective eup, myeon, or dong from October 10 to 20.

Households selected after screening for eligibility including income and homeownership status can receive support of up to 1 million won within the range of 1% of the jeonse loan balance.

More details can be found through notices and announcements on the Yongin Special City website (https://www.yongin.go.kr).

A city official said, "We are providing jeonse loan interest support to help stabilize housing for multi-child households facing economic difficulties," and added, "We will continue to develop policies that can ease residents' housing cost burdens."