1st National Population Strategy Basic Plan Announced — 571,000 Public Housing Units, New 500,000 Won Monthly Parenting Allowance for Freelancers and Others Planned
Source material is a Korean government announcement (in Korean).
On October 14, 2026, the Presidential Committee on Population Strategy announced the main contents of the '1st National Population Strategy Basic Plan' for the next 5 years, which is expected to be finalized after deliberation and approval by the vice-ministers' meeting and the Cabinet.
Key facts
| Stage | Main contents announced — to be finalized after final opinion gathering, revisions, and deliberation and approval by the vice-ministers' meeting and the Cabinet |
|---|---|
| Housing | 571,000 public housing units for young people, newlyweds and child-raising households; new Youth Future Bogeumjari Loan (aged 39 or under, first home, non-apartment of 400 million won or less, interest-rate discount of up to 2.1%) |
| Marriage & loans | Beotimmok, Didimdol and Bogeumjari loans allowed if at least one spouse meets the income criteria; income requirements for newlywed policy loans eased |
| Parenting | New parenting allowance of 500,000 won a month for 3 months for artists, special-type workers, freelancers and one-person self-employed; new childbirth welcome grant (아이맞이지원금); introduction of a 'flexible work choice system' planned |
| Old age | 25,000 age-friendly housing units such as welfare housing and Silver Stay over 5 years; easing of old-age pension reductions due to business income |
| Regions | Local love gift certificates (지역사랑상품권) issued at 30 trillion won or more; rural basic income (농어촌기본소득) expanded to 35 regions |
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On October 14, 2026, the Presidential Committee on Population Strategy (인구전략위원회) announced the main contents of the '1st National Population Strategy Basic Plan' (제1차 국가인구전략 기본계획). It is the first plan drawn up after the 'Framework Act on Low Birth Rate in an Aging Society' (저출산고령사회기본법) was fully revised into the 'Framework Act on Population Strategy' (인구전략기본법), and it sets out tasks for the next 5 years in 4 areas: support across young people's life course, guaranteeing a dignified old age, building a capability-based society grounded in technological innovation, and building an open, mutually beneficial society. It includes supplying 571,000 public housing units for young people, newlyweds and child-raising households in preferred locations such as near subway stations; creating a Youth Future Bogeumjari Loan (청년미래 보금자리론) offering an interest-rate discount of up to 2.1% when young people aged 39 or under buy a first non-apartment home priced at 400 million won or less; creating a parenting allowance of 500,000 won a month for 3 months for artists, special-type workers, freelancers and one-person self-employed people; and supplying 25,000 age-friendly housing units over 5 years. The plan is expected to be finalized after a final round of opinion gathering, revisions, and deliberation and approval by the vice-ministers' meeting and the Cabinet.
Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.
FAQ
Is this plan already finalized?
No. Only the main contents have been announced, and the plan is expected to be finalized after a final round of opinion gathering, revisions, and deliberation and approval by the vice-ministers' meeting and the Cabinet.
What is the Youth Future Bogeumjari Loan?
Its creation is planned to give an interest-rate discount of up to 2.1% when young people aged 39 or under buy a first non-apartment home priced at 400 million won or less.