Busan Metropolitan City (Mayor Park Heong-joon) announced that it will recruit 700 households for the “2026 Lifelong Together: Youth Moduga (Home) Housing Cost Support Program” from March 3 to March 23, following last year’s program.
The “Lifelong Together: Youth Moduga (Home) Housing Cost Support Program” provides monthly rent support to single, unmarried young adults and newlywed couples married for seven years or less who are currently living in public rental housing.
The program aims to address housing challenges and create conditions that enable young people to live stably in Busan throughout their lives.
The income eligibility criterion is 100% or less of the previous year’s monthly average income by household size for urban worker households. Eligibility requirements are confirmed through the billed amount of household health insurance premiums, and beneficiaries are selected according to priority categories such as legally recognized low-income households and lower-income households.
The previous year’s monthly average income by household size for urban worker households at 100% is as follows, based on the billed (paid) amount of the subscriber’s share of the health insurance premium (excluding long-term care insurance for the elderly):
[One-person household] (Employee subscriber) KRW 130,030 / (Regional subscriber) KRW 61,696 / (Mixed) KRW 131,374
[Two-person household] (Employee subscriber) KRW 197,474 / (Regional subscriber) KRW 137,188 / (Mixed) KRW 199,944
However, the following applicants are excluded: those who are receiving similar benefits, such as housing benefits, the city’s Lucky 7 House program, Youth Monthly Rent, or the Housing Stability Scholarship; those living in private rental housing; and those who own housing (including rights to move into housing and subscription rights for sale).
The support period is up to six years for young adults and up to seven years for newlywed couples. If, after the announcement date (February 24), a child is born or adopted, support will be provided as follows: for one child, up to 20 years during the period of residence in public rental housing; for two children, monthly rent support for a lifetime.
The monthly rent amount supported by the city is the portion of the monthly rent listed in the public rental housing lease contract (including renewals) most recently signed by the tenant, based on the standard as of February 23, 2026, excluding the tenant’s copayment of KRW 30,000.
Support payments are retroactively applied from the application month and are deposited quarterly into the applicant’s personal bank account.
Citizens who wish to apply may do so on the Government24 website (plus.gov.kr) by searching “Busan Metropolitan City Lifelong Together Youth Moduga Housing Cost Support (for existing public rental housing tenants).”
Detailed information such as application procedures, eligibility requirements, and required documents can be found in the city’s announcements and public notices section (www.busan.go.kr/nbgosi). For other inquiries, call the city’s 120 Call Center (051-120).
Mayor Park Heong-joon stated, “To achieve ‘Busan where young people stay and dreams come true,’ housing stability for young people is a critical task,” adding, “Busan Metropolitan City will pursue a range of policies that make Busan a place where young people want to live, so they can lead lifelong, happy, and stable lives without worrying about housing costs.”
This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.
Translated by AI
Link to Busan press releases in Korean