[알경] Can I get support too?… Youth Housing Support Policy’Monthly Rent’

[쿠키뉴스] Reporter Ahn Se-jin = In Korea, there are various housing support policies for young people. Depending on the type of housing, it can be divided into a self-promoting policy to prepare a home, a jeonse deposit support policy, and a monthly rent support policy. this time [알경]In the article, we looked at the monthly rent support policy.

◇Housing benefit

Housing benefit is the government’s monthly housing expense support policy that is paid to households with a standard median income of 45% or less. The legal basis is the’National Basic Living Security Act’ and the’Housing Benefits Act’. Monthly housing expenses are provided in cash to leased households based on the standard rent, and housing repair expenses are provided to self-contained households.

Currently, housing benefits are paid up to 45% of the standard median income. Based on single-person households, this year’s standard median income is 1.28 million won. The monthly housing allowance for one person is 82,2524 won per month, which is 45%. In terms of annual income, it is less than 10 million won. In addition, the housing salary for each household is ▲1,380,636 won for 2 people, 1,79,2778 won for 3 people, 219,4331 won for 4 people, and 2.59,818 won for 5 people. Support is available only when each household is under the appropriate income.

Income recognition is paid according to four regions (Seoul, Incheon, Gyeonggi, Greater and Sejong City, and others). This year, the standard rent for single-person households in Seoul (Level 1) is 310,000 won. Other regions are ▲ Incheon, Gyeonggi (class 2) 239,000 won ▲ metropolitan and Sejong city (level 3) 190,000 won ▲ other (level 4) 163,000 won.

In addition, the standard rental fee for each region according to the number of households is ▲ 348,000 won for the first grade for 2 people, 268,000 won for the second grade, 212,000 won for the third grade, 183,000 won for the fourth grade ▲ 414,000 won for the first grade for 3 people 2nd grade 320,000 won, 3rd grade 254,000 won, 4th grade 217,000 won ▲ 4-person family 1st grade 480,000 won, 2nd grade 371,000 won, 3rd grade 294,000 won, 4th grade 253,000 won ▲ 5 authorizations For the former grade 1, 497,000 won, the second grade is 383,000 won, the third grade is 303,000 won, and the fourth grade is 261,000 won.

◇Residential stable monthly rent

In accordance with the’Measures to Alleviate the Burden of Residential Expenses’ announced in 2014, monthly rents using the housing and city funds were introduced for the first time since 2015.

The loan amount is 400,000 won per month and the interest rate is 1.0%. The target audience was extended to housing benefit recipients and newcomers. Rent loans for young people with an annual income of 50 million won or less are possible, but the loan interest rate is applied at 2.0%. Target houses must be 85㎡ or less, and rental conditions are limited to less than 100 million won in rental deposit and less than 400,000 won per month. Like a jeonse deposit loan, monthly rent is deposited into the lessor’s account. A faithful payer of monthly rent for housing stability can receive preferential interest rate of 0.2%p for the support jeonse fund and youth-only support loan.

◇Mounting monthly households with guarantee for youth only

In accordance with the “Housing Support Plan for Newlyweds and Youth” announced on July 5, 2018, the monthly loan for youth-only guarantees was introduced in December 2018. Deposits and monthly rent are provided at low interest to homeless youth under the age of 34, and the income standard is less than 20 million won, which is the lowest of all support policies.

The target house must have an exclusive area of ​​60m2 or less, and the rental conditions must be less than 50 million won in rental deposit and less than 600,000 won per month. The loan limit is within 80% of the deposit and up to 35 million won, and the monthly rent is 400,000 won per month and up to 9.6 million won for two years, the same as for a stable housing loan. The other policy is that only one of the deposit or monthly rent can be loaned, but this policy has the characteristic that the deposit and the monthly rent can be loaned at the same time. The loan interest rate is different from the deposit and monthly rent, but the deposit is 1.3% and the monthly rent is 1.0%.

◇Seoul housing voucher/youth rent support project

The Seoul type housing voucher is a project that pays a certain amount to households with a standard median income of 60% or less residing in private rental to alleviate the burden of housing expenses for the poor.

Support targets are households whose income appraisal amount is less than 60% of the standard median income, which is about 1.05 million won per person in 2020. The target is limited to households residing in a dwelling with a conversion price of 75 million won or less, calculated as the sum of the monthly rent and the rental deposit. Households receiving livelihoods, medical care, and housing benefits, households living in public rental housing, households consisting of college students only, foreign households, and households with two or more automobiles are also excluded from the support.

The amount of support is 80,000 won per month, which increases by 5,000 won each time the number of household members increases. Certain vouchers are for those who have lived for more than 3 months in a side room in Seoul within one year from the date of application, or who have been discharged from social welfare facilities, although the standard of income or conversion value is the same as the general voucher. As a project to additionally support housing expenses according to the upward movement of housing, the amount of support is 120,000 won per month for one or two people, and 150,000 won for three or more households, which is more than a general voucher. Instead, the application period is up to two years, and payment is made once in a lifetime.

Seoul City has started a separate direct monthly rent support project for young people. The project is to provide direct support of 200,000 won per month for housing expenses of 5,000 households last year, and will be provided temporarily for 10 months only once in a lifetime. The support target is a single young adult household, and the income must meet the standard median income of 120% or less. The standard median income of a single household is about 2.1 million won based on monthly income.

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