Uiwang City Accepting Additional Applicants for Newlywed Couple Housing Lease Deposit Loan Interest Support

[Suwon Ilbo=Kim Chung-young Reporter] Uiwang City announced on the 19th that it will accept additional applicants for housing lease deposit loan interest support from September 23 to October 18 to help non-homeowner newlywed couples establish financial independence and achieve residential stability.

The support amount is 1.5% of the housing jeonse (lease deposit) loan balance, with a maximum of 1.3 million won provided once per year for up to 5 years. Even if applicants received support in the previous year, they must go through the application and review process annually.

Eligibility requirements are as follows based on the announcement date (September 11, 2024): △Non-homeowner household with at least one month residency in Uiwang City, married within the past 7 years △Combined annual household income of 80 million won or less as of 2023 △Housing located in Uiwang City (exclusive floor area of 85 square meters or less, lease deposit of 30 million won or less).

Applications can be submitted in person at the administrative welfare center of one's residential district or online through Government24. Once applicants are selected as eligible recipients after review of qualifications such as housing ownership status, support funds will be provided in November. For more details, applicants can check the notices and announcements section on the Uiwang City website.

A city official stated, "We will continue to make efforts to alleviate housing expense burdens for non-homeowner newlywed couples and help establish stable residential conditions."