Supporting Return-to-Farming Settlement... Namhae-gun Offers Startup and Housing Loan Assistance

Supporting Initial Farming Base and Residential Stability Through Low-Interest Loans

Namhae-gun, South Gyeongsang Province, announced that it is recruiting applicants for the 'Second Half of 2026 Return-to-Farming Startup and Housing Purchase Support Project' to support the stable settlement of returnees who move from urban areas to rural areas to engage in agriculture.

This project aims to help returnees establish an initial farming base and secure residential stability. It provides funds for agricultural startups and housing purchases through low-interest loans.

[Photo by Namhae County] Namhae County is recruiting applicants for the "2026 Second Half Support Program for Returning Farmers' Agricultural Startups and Housing Purchases" to support the stable settlement of returning farmers who move from urban areas to rural areas to engage in agriculture. View of Namhae County Office

Eligible applicants are those between the ages of 18 and 65, including: ▲ Returnees who have lived outside rural areas for more than one year and have moved to a rural area within the past six years ▲ Rural residents who have maintained resident registration in a rural area for more than one year but have not engaged in agriculture ▲ Prospective returnees planning to move to a rural area within this year.

The maximum loan limit per household is up to 300 million won for agricultural startup funds and up to 75 million won for housing purchase funds. However, the actual loan amount will be determined based on project performance and the results of the credit and collateral evaluations conducted by financial institutions.

Project recipients will be selected through a first-round document screening and a second-round interview. The final decision will be made after a comprehensive evaluation of the feasibility of the business plan, determination to pursue the project, and willingness to settle in farming.

The application period is from June 11 to June 30, and applications can be submitted in person at the Youth Population Team of the Namhae-gun Population and Youth Policy Division. Detailed information and application forms can be found on the Namhae-gun website under the Notices and Announcements section.

Return-to-farming and return-to-rural programs are regarded as important policy measures to address the risk of regional extinction. However, some point out that, beyond settling support, a post-settlement management system is needed to ensure stable income generation and adaptation to the local community.

Attention is focused on whether this support project will not only ease the initial burden for returnees but also serve as a new source of vitality for local agriculture.

This content was produced with the assistance of AI translation services.