Gangnam-gu expands rent loan interest support for newlyweds and young adults to largest in Seoul

Key points in 3 lines

1. Gangnam-gu has expanded its rent loan interest support programme for newlyweds and young adults, allocating 465 million won this year.
2. 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.
3. 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.

Written by our reporter · 3-line summary by Koto, The Korean Today's AI assistant · 88 languages ⓘ