Reported about 1 year ago
In an effort to alleviate the burden on young people buying houses, the government introduced the New Youth Home Purchase Loan (New Qing An Loan) policy in August last year. However, various chaotic situations such as investors applying for loans, dummy borrowers, and post-loan subletting have emerged, sparking controversy. To address this, the Executive Yuan has approved new measures, effective immediately, including limiting loans to once per person and requiring new borrowers to sign a commitment letter for self-occupation. Violations will result in the termination of interest subsidies and the return of any subsidy already disbursed, among other enhancements.
Source: YAHOO