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Home » Authors » Eric Yoo
Eric Yoo

Eric Yoo

Legal Editor

Eric Yoo, Esq. is the Legal Editor of The Habitat Group.

eyoo@thehabitatgroup.com

ARTICLES

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FEATURE

Follow 5 Strategies to Maximize First-Year LIHTC Credits

Site managers play a critical role in maximizing credits by aligning certifications, lease-up timelines, and documentation with IRS rules.
Jun 12, 2025
Eric Yoo

Site managers play a critical role in maximizing credits by aligning certifications, lease-up timelines, and documentation with IRS rules. 



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COMPLIANCE

HUD Seeks to Eliminate Affirmative Fair Housing Marketing Rules

If finalized, the proposed rule would shift HUD’s role away from proactive desegregation and toward a narrower model of complaint-based enforcement.
Jun 11, 2025
Eric Yoo

If finalized, the proposed rule would shift HUD’s role away from proactive desegregation and toward a narrower model of complaint-based enforcement.



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Judge Clears Path for FARE Act Implementation

Jun 11, 2025
Eric Yoo

The Fairness in Apartment Rental Expenses (FARE) Act officially took effect June 11. This legislation changes the rules for broker fees in New York City. 


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IN THE NEWS

Trump Signals Effort to Privatize Fannie Mae and Freddie Mac

Privatization may bring about new forms of innovation in mortgage finance, but the LIHTC industry would bear the cost of the transition.
Jun 10, 2025
Eric Yoo

Privatization may bring about new forms of innovation in mortgage finance, but the LIHTC industry would bear the cost of the transition. 



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IN THE NEWS

New Trump Budget Details Confirm Threats to Affordable Housing Programs

According to newly published documents, the proposed overall funding for HUD would drop dramatically from $89.1 billion in FY25 to $43.5 billion in FY26, marking a 51% reduction.
Jun 9, 2025
Eric Yoo

According to newly published documents, the proposed overall funding for HUD would drop dramatically from $89.1 billion in FY25 to $43.5 billion in FY26, marking a 51% reduction.  


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IN THE NEWS

HUD's Annual Collection of Information on LIHTC Tenants: Improve or Scrap?

Let the agency know what you think.
Jun 8, 2025
Eric Yoo

Let the agency know what you think.



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FEATURE

Comply with New Rules for the Use and Reporting of Public Housing Operating Funds

A new HUD notice refines the rules.
May 29, 2025
Eric Yoo

A new HUD notice refines the rules governing how public housing agencies can use funds, clarifies financial reporting obligations under the Financial Data Schedule, and lays out expectations for internal controls and recordkeeping. These updates aim to strengthen financial accountability and red...

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COMPLIANCE

HUD Watchdog Report Identifies Key Compliance Issues

Be prepared for closer review of inspection compliance, documentation of repairs, and more consistent follow-through on cited violations.
May 28, 2025
Eric Yoo

Be prepared for closer review of inspection compliance, documentation of repairs, and more consistent follow-through on cited violations.




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DEALING WITH HOUSEHOLDS

Social Security Overpayment Clawbacks May Disrupt Some Residents’ Finances

Prepare staff to help refer affected residents to resources that can help them file appeals or hardship requests if needed.
May 28, 2025
Eric Yoo

With the withholding rate now at 50%, prepare staff to help refer affected residents to resources that can help them file appeals or hardship requests if needed. 



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IN THE NEWS

Trump’s FY 2026 “Skinny” Budget Would Place Severe Strain on HUD Programs

It proposes consolidating major HUD rental assistance programs and shifting administrative responsibility to states.
May 26, 2025
Eric Yoo

It proposes consolidating major HUD rental assistance programs and shifting administrative responsibility to states.



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