Conetent:
In order to assist people to purchase their own houses, the Ministry of Finance launched the "Preferential Housing Loans for the Youth" on December 1, 2010. This project is conducted by eight banks with government-owned shareholdings using their own funds. To enhance policy effectiveness, certain loan terms of this project have been relaxed. Furthermore, the government has provided a 0.25% interest subsidy in addition to the former 0.125% interest reduction offered by the banks, effective since August 1, 2023. The implementation and subsidy period will continue until the end of July 31, 2026.
Performance:
As of the end of August 2023, preferential housing loans had been granted at the amount of NT$1,458.6 billion.