Applications for New Rent Subsidy Program Now Open
Posted on 2022-07-01 07:07:13
Applications for the government's new rent subsidy program for Taiwanese citizens open today.
Means-tested monthly subsidies of up to 11,200 N-T will distributed to successful applicants from October.
The program was first announced in March.
Premier Su Tseng-chang says the program will be accepting online applications for the 2022 fiscal year from today until August 31 and successful applicants will have their first-month subsidy wired to their bank account on October 3.
Su is describing the new scheme as a "significant" policy toward achieving "housing justice", as it increases subsidies for young singles, newlywed couples, families with young children, and socially and economically disadvantaged families.
Under the new scheme, the program is being expanded so that 500,000 individuals will receive subsidies, up from the current 120,000.
The Interior Ministry says the government is allocating 30-billion N-T annually for the new program from 2022 to 2025.
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