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Seoul Offers Up to 7.2 Million KRW in Housing Support for New Parents Over 2 Years (300K KRW per Month): How to Apply

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Seoul Offers Up to 7.2 Million KRW in Housing Support for New Parents Over 2 Years (300K KRW per Month): How to Apply

Seoul Metropolitan Government (Published: July 8, 2026)

  • The deposit limit for jeonse (key-money deposit) has been significantly eased to 500 million KRW or less.
  • Applications for the second half of the year for the “Housing Expense Support Program for Non-Homeowning Families with Newborns” have begun.

With the recent sharp rise in lease (jeonse) and monthly rent prices in Seoul worsening the financial burden on families raising children, the Seoul Metropolitan Government is rolling out aggressive support measures to assist non-homeowning families with newborns.

The Seoul Metropolitan Government announced that applications for the second half of 2026 for the “Housing Expense Support Program for Non-Homeowning Families with Newborns”—designed to assist the residential stability of non-homeowning families who have recently had a child—opened on July 1.

Overview of the Support Program

  • Support Amount: Up to 300,000 KRW per month (up to 7.2 million KRW total over 2 years)
  • Target Audience: Non-homeowning families residing in Seoul who had a child within the past 1 year.
  • Housing Criteria: A jeonse deposit of 500 million KRW or less, OR monthly rent (including converted deposit amounts) of 2.29 million KRW or less.
  • Application Period (Second Half): July 1 – December 31, 2026
  • How to Apply: Apply online via the “All-in-One Childbirth and Childrearing Information Portal” (Mongttang Information Portal / 탄생육아 몽땅정보통).

Up to 7.2 Million KRW over 2 Years… Extending up to 4 Years Upon Having More Children

This program covers both monthly rent payments and interest on jeonse loans. Once selected as a beneficiary, you can receive up to 300,000 KRW per month based on your actual housing expenses for two years (totaling up to 7.2 million KRW). This is expected to significantly reduce monthly fixed housing burdens. The funds will be paid retroactively in four installments every six months.

Furthermore, to boost childbirth incentive effects, the extension benefits are exceptionally generous. If a beneficiary family has an additional child during or after the support period, the support duration is extended by 1 year per child, up to a maximum of 4 years.

  • One child (Base): 2 years of support (Up to 7.2 million KRW)
  • Having a second child: +1 year extension (3 years total)
  • Having a third child: +1 additional year extension (4 years total)
  • Having twins: 3 years of support (Base 2 years + 1 year extension)
  • Having triplets or more: 4 years of support (Base 2 years + 2 years extension)

Lowered Threshold Eases Financial Stress for Raising Children in Seoul

Starting this year, the Seoul Metropolitan Government raised the realistic cap on eligible jeonse deposits from 300 million KRW to 500 million KRW (and monthly rent to 2.29 million KRW or less), greatly expanding the range of eligible households.

As a result, the number of applicants in the first half of this year alone reached 1,754 households—a massive 88% surge compared to the total number of applicants for the entire previous year (935 households). An analysis of first-half applicants showed that monthly rent households made up the largest share at 48%. Among them, 74% were paying high monthly rents of over 600,000 KRW, proving that this policy is actively contributing to relieving actual household housing costs.

Detailed Eligibility Checklist: Can My Family Apply?

Applications for the second half of the year run until December 31, 2026, and are limited to households within 1 year of childbirth. In particular, families who gave birth between July 1 and December 31, 2025, must be careful not to miss their individual application deadlines.

  • [✓] Residency: Both parents and the newborn child must reside in Seoul and be registered at the same address as of the date of application.
  • [✓] Birth Registration: The child’s birth registration must be completed in Seoul.
  • [✓] Income Criteria: Household income must be 180% or less of the National Median Income (Approximately under 115.75 million KRW annually for a 3-person household; under 140.28 million KRW annually for a 4-person household).
  • [✓] Home Ownership: Both parents must be non-homeowners (owning no residential property).
  • [✓] Housing Standard: Jeonse deposit must be 500 million KRW or less, OR the sum of the monthly rent and the deposit’s monthly rent conversion value must be 2.29 million KRW or less (for homes with an exclusive area of 85㎡ or less).

※ Note: Residents of public rental housing or those receiving other housing support benefits (such as the Newborn Special Loan, or Seoul’s Jeonse Deposit Interest Support) are excluded from this program.

※ Note: Families who gave birth between July 1, 2025, and December 31, 2025, must verify that they apply within the ‘1 year after childbirth’ window to ensure they do not miss their eligibility period.

Example Scenario: What if it is a “half-jeonse” (deposit + monthly rent) of “305 million KRW deposit and 900,000 KRW rent”?

Yes, this household qualifies. Calculating the monthly rent conversion value of the 305 million KRW deposit (approx. 1.39 million KRW) and adding the actual monthly rent of 900,000 KRW equals exactly 2.29 million KRW, meaning it meets the eligibility criteria.

  • Calculation: Deposit 305M KRW × Conversion rate 5.5% / 12 months (= approx. 1.39M KRW) + monthly rent 900,000 KRW = 2.29M KRW.

Online Application… First Payout in February Next Year

Eligible families can apply online via the “All-in-One Childbirth and Childrearing Information Portal” (탄생육아 몽땅정보통) website.

The required documents for submission include:

  • Family Relation Certificate (가족관계증명서)
  • Home Ownership Status Inquiry from “Cheongyak Home” (청약홈 주택소유현황)
  • Copy of Lease/Rental Agreement (임대차계약서 사본)
  • Credit Information Inquiry Report (신용정보조회서)
  • Financial Transaction Confirmation (금융거래확인서)

Applicants in the second half of the year will undergo qualifications screening, with results scheduled to be announced in January 2027. Upon verification of documents, the housing allowance payments will begin in February 2027.

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