Guri City to Implement Interest Subsidy Program for Jeonse/Lease Loans to Newlywed Couples Without Homes Starting on the 15th

[Suwon Ilbo=Reporter Um In-yong] Guri City announced it will implement the '2025 Interest Subsidy Program for Jeonse/Lease Loans for Newlywed Couples Without Homes' starting on the 15th for non-homeowner newlywed couples in the city.

This project was established to reduce the housing cost burden for newlywed couples without homes and to help overcome the low birth rate issue. It will support up to 1 million won annually—equivalent to 1% of the jeonse/lease loan balance from financial institutions—for a maximum of 7 years.

Eligible recipients are △individuals with resident registration and rental house addresses registered at the same location in Guri City as of the announcement date △non-homeowner newlywed couples within 7 years of marriage registration △households with combined household income of 180% or less of the median income △households with jeonse/lease loan balances of 20 million won or less (including residential officetel) from financial institutions.

However, those who have concluded lease contracts with first-degree direct relatives and their spouses, recipients of low-interest loans from the Housing and Urban Fund (such as Buttamok loans), residents of public rental housing, recipients of basic livelihood assistance, medical assistance, or housing assistance, and beneficiaries of other similar programs are excluded from support.

Applications can be submitted in person to the administrative welfare center in the applicant's district from the 15th to the 26th after preparing the application documents posted on the Guri City Hall website announcement bulletin board. For households confirmed as eligible recipients following document screening, subsidies equivalent to 1% of the loan balance (maximum 100 million won per household) are planned to be paid in October.

Mayor Baek Gyeong-hyeon said, "I hope this support program will provide practical assistance to housing stability for newlywed couples in the city who are experiencing difficulties due to economic burdens."