National Land Management Agency: Self-payment for Old House Renovation Not Exceeding 35%, Phased Disbursement Planned
NQ Score
100/100
AI Summary (NQ-processed)
The National Land Management Agency announced that the self-payment ratio for the 'Old House Renovation Plan' will not exceed 35%. This plan integrates resources from the Ministry of the Interior, Ministry of Economic Affairs, Ministry of Health and Welfare, and local governments. Seniors over 65 and vulnerable groups can receive an additional subsidy of up to NT$300,000 for indoor safety improvements. The subsidy rate is 65%, higher than the 50% for urban renewal. Local governments will start accepting applications by the end of May, with reviews completed within three months and phased disbursements planned.
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Frequently Asked Questions
- Q: What is the self-payment ratio for the Old House Renovation Plan?
- A: The self-payment ratio for the Old House Renovation Plan will not exceed 35%.
- Q: When will applications for the Old House Renovation Plan begin?
- A: Applications for the Old House Renovation Plan are expected to start being accepted by local governments by the end of May.