# Gyeonggi Province social welfare initiatives > Live situation record from CLSTR: https://clstr.news/situations/gyeonggi-province-social-welfare-initiatives > Updated: 2026-10-25T22:59:55.000Z. Sources: 3. Developments: 2. Gyeonggi Province has introduced several programs aimed at supporting vulnerable residents and improving local living conditions. In late October, the province launched a support initiative for small-scale apartment complexes and rental housing units with fewer than 300 households. This program focuses on building maintenance through long-term repair plans, community revitalization, and the prevention of inter-floor noise via resident committees. Advisory services have already been provided to complexes in Bucheon, Icheon, and Gwangju. Additionally, the province announced the ‘Gyeonggi Ultra-Low Credit Loan 2.0’ to assist low-credit residents who have been victims of illegal private financing. The program offers loans of up to 2 million KRW at a 1% annual interest rate for up to 10 years. To qualify, applicants must have resided in the province for at least one year and fall within the bottom 10% of credit scores, with certain exceptions for single-parent families and basic livelihood security recipients. The initiative includes integrated support for debt resolution, employment, and welfare services. ## Timeline ### 2026-10-25: Gyeonggi Province launches low-interest loans for illegal private finance victims Gyeonggi Province is offering low-interest loans of up to 2 million KRW at 1% interest to residents who have been victims of illegal private financing to aid their economic recovery. 2 sources. https://clstr.news/cluster/gyeonggi-province-launches-low-interest-loans-for-illegal-private-finance-victims ### 2026-10-24: Gyeonggi Province supports small-scale and rental housing management Gyeonggi Province is providing management support for small-scale and rental housing, focusing on facility maintenance, inter-floor noise prevention, and community revitalization. 2 sources. https://clstr.news/cluster/gyeonggi-province-supports-small-scale-and-rental-housing-management --- Cite as: Gyeonggi Province social welfare initiatives. CLSTR, https://clstr.news/situations/gyeonggi-province-social-welfare-initiatives