Gapyeong County in Gyeonggi Province has announced a plan to ease the housing cost burden for newlywed couples in the area by supporting the interest on housing loans for rental deposits and home purchases. Each household will receive direct support of up to KRW 1.5 million, with the aim of encouraging stable settlement within the region.

Notice for the "Housing Loan Interest Support Program for Newlyweds in the Second Half of 2026." Provided by Gapyeong County.

Notice for the "Housing Loan Interest Support Program for Newlyweds in the Second Half of 2026." Provided by Gapyeong County.

View original image

On September 29, Gapyeong County stated that it has established the '2026 Second Half Newlywed Housing Loan Interest Support Project' and will accept applications for one month, from October 1 to October 30.


The eligible applicants are newlywed couples who have registered their residence in Gapyeong County as of the application date. Households must have completed their marriage registration within the past seven years and their income must be at or below 200% of the median income standard. The support applies to homes located in Gapyeong County, where the applicants have obtained either a rental deposit loan or a home purchase loan from a financial institution.


The county plans to select a total of approximately 110 households through the project budget, providing up to KRW 1.5 million per household for the actual loan interest paid during the first half of this year, from January to June.


Applications can be submitted in person at the local township administrative welfare centers or online via the Gyeonggi-do Job Foundation Integrated Application System.



A Gapyeong County official said, "We hope that this interest support will serve as a meaningful opportunity to ease some of the financial burden faced by newlywed couples," adding, "We will continue to expand customized policies to promote housing stability in the future."


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

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing