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Government announces mortgage subsidies
17 February, 2023
Households with a combined annual income below NT$1.2 million and an original home loan of no more than NT$8.5 million are now eligible for a NT$30,000 mortgage subsidy.
The cabinet has approved the plan brought forward by the Ministry of the Interior to offer assistance to households having problems paying their mortgage due to the Covid-19 pandemic.
Premier Chen Jian-ren says it'll be a one-off subsidy that applies to an estimated 550,000 households.
He notes that it's for people who're already paying their mortgages instead of those planning to buy a home.
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