New Qingan 3.0 Key Summary: 5 Updated Conditions, Marriage and Parenting Subsidy Loan Up to NT$15 Million

The Executive Yuan has approved the New Youth Housing Loan 3.0, which will be officially implemented from August 1, 115, as decided in today's (16th) cabinet meeting. This initiative is driven by four key pillars: reducing financial burdens, promoting happy marriage and parenting, precisely targeting beneficiaries, and enhancing loan management mechanisms. Building on the existing framework, the new plan introduces age, income, and property price caps, while significantly increasing loan amounts for marriage and parenting households. Cross-ministerial coordination will strengthen post-loan monitoring to ensure self-occupied use and improve the precision of resource allocation.

Today, the Executive Yuan passed the Youth安心Home Purchase Subsidized Loan 3.0, approved by Premier Cho Jung-tai, with implementation scheduled for August 1, 115. This plan continues the government's policy of assisting individuals without homes in purchasing property, and in alignment with Taiwan's new population strategy, it expands support specifically for marriage and parenting families. After reviewing past experiences, the Ministry of Finance established four core directions: reducing burdens, supporting marriage and parenting, targeting the right recipients, and improving mechanisms, with a total budget estimated at NT$42.255 billion.

Compared to Qingan 2.0, the new Qingan 3.0 introduces more refined restrictions to ensure policy resources are accurately allocated to those with genuine needs. Key new conditions include: applicants must be under 50 years old at the time of application; the sum of the applicant's age at application and the loan term must not exceed 80; the applicant's annual income must not exceed NT$2 million; and property price caps are set by region—NT$35 million in Taipei City, NT$25 million in New Taipei City and Hsinchu County/City, and NT$20 million in other counties and cities.

In terms of marriage and parenting support, Qingan 3.0 demonstrates high flexibility. For families within two years of marriage, the maximum loan amount is increased to NT$12 million; for families with minor children, it can reach up to NT$15 million. General applicants maintain a maximum loan limit of NT$10 million. Regarding interest subsidies, both new and existing borrowers will receive full interest subsidies for the first three years. After this period, the subsidy will decrease by 0.5 percentage point annually until it fully phases out and returns to market interest rates. To prevent nominee loans and subletting, pre-loan reviews and cross-ministerial data verification will continue. Violators will be required to repay the subsidized interest.

To ensure precise and effective use of government resources and support marriage and parenting families, the following five core conditions have been added to Qingan 3.0:

Age and Loan Term Limit: Applicants must be under 50 at the time of application, and the sum of their 'application age + loan term' must not exceed 80.

Annual Income Cap: A financial eligibility requirement is introduced, stipulating that the applicant's personal annual income must not exceed NT$2 million.

Property Price Cap: Different maximum transaction prices are set based on the purchase location: NT$35 million in Taipei City; NT$25 million in New Taipei City and Hsinchu County (City); NT$20 million in other counties (cities).

Increased Loan Amounts for Marriage and Parenting Families: To support self-occupied home purchases and accommodate space needs, families married within the last two years will have their maximum loan amount raised to NT$12 million; families with minor children will see their maximum loan amount increased to NT$15 million.

Gradual Reduction of Interest Subsidy: While the first three years maintain the current interest subsidy (government subsidizes 1.5 percentage points and banks reduce 0.5 percentage point), a new rule states that starting the day after the third year, the subsidy will decrease by 0.5 percentage point annually until the subsidy period ends and the original loan rate resumes.