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Gangnam-gu expands rent loan interest support for newlyweds and young adults to largest in Seoul
AI 3-line summary
- Gangnam-gu has expanded its rent loan interest support programme for newlyweds and young adults, allocating 465 million won this year.
- Support has risen to up to 3 million won per year for newlyweds and 2 million won for young adults, and the income ceiling for newlywed couples has been raised to 130 million won.
- There were 234 applications in April and May, 88 more than last year, and with a supplementary budget of 265 million won, all applicants will receive support.
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Read the full article (machine translation) → Original article (Korean): 강남구, 신혼부부·청년 전월세 대출이자 지원 ‘서울 최대’로 확대
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