December 10, 2025

Articles by Eric Yoo

IN THE NEWS

Fair Housing Organizations Sue HUD and DOGE Over Grant Terminations

A sweeping federal class action lawsuit challenges HUD and the newly created Department of Government Efficiency (DOGE) for abruptly terminating $30 million in federal grant funding.
Mar 27, 2025
Eric Yoo

Four nonprofit fair housing organizations representing a proposed class of more than 60 groups across the country recently filed a sweeping federal class action lawsuit challenging HUD and the newly created Department of Government Efficiency (DOGE) for abruptly terminating $30 million in federal grant funding.


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IN THE NEWS

Report: Gap in Affordable Rental Housing Worsens

The NLIHC supports bipartisan legislative proposals that would expand housing access and improve program efficiency.
Mar 26, 2025
Eric Yoo

The National Low Income Housing Coalition (NLIHC) recently released its 2025 edition of The Gap: A Shortage of Affordable Homes. The report offers an update on the persistent shortfall in housing for extremely low-income renters. According to the report, in the United States there are just 35 homes available for every 100 extremely low-income renter households.


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MANAGEMENT BASICS

Department of Buildings Clarifies Boiler Inspection Rules

We go over who qualifies to perform inspections, explain what’s involved in the inspection process, and provide details on the deadlines and penalties tied to noncompliance.
Mar 26, 2025
Eric Yoo

We go over who qualifies to perform inspections, explain what’s involved in the inspection process, and provide details on the deadlines and penalties tied to noncompliance.



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IN THE NEWS

NYC Comptroller Report Questions HPD’s Heat Enforcement

New recommendations focus on ways to address the needs of tenants living in buildings with the most chronic and severe heat issues.
Mar 24, 2025
Eric Yoo

New recommendations focus on ways to address the needs of tenants living in buildings with the most chronic and severe heat issues. These options include using the 7A program, relaunching the Neighborhood Pillars program, and passing Intro. 1063-2024 of the Housing Rescue and Resident Protection Act.



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Senate Confirms New FHFA Director

Mar 18, 2025
Eric Yoo

The Senate recently confirmed Bill Pulte as Federal Housing Finance Agency (FHFA) Director by a 56-43 vote. The FHFA oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System, which collectively provide more than $8.5 trillion in funding for U.S. mortgage markets and financial institutions. Currently, the FHFA sets and adjusts the annual investment cap for Fannie Mae and Freddie Mac in the LIHTC market.


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Bipartisan Senators Push Against HUD Field Office Closures

Mar 18, 2025
Eric Yoo

Amid reports that HUD is planning to shut almost two-thirds of HUD’s state field offices, Senators Jack Reed (D-RI) and Mike Rounds (R-SD) have stepped forward in a rare bipartisan effort to save HUD’s local presence. These field offices, which serve as lifelines between HUD and communities, provide customized assistance to housing providers, direct assistance to families, and provide oversight to prevent federal housing funding abuse.


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INCOME CALCULATIONS

How to Count Student Financial Assistance under New Rules

We’ll break down the new HOTMA methodology, explain the two categories of student financial assistance, and show you how to calculate what counts as income. We’ll also go over considerations for applicants with Section 8 assistance versus those without.
Mar 14, 2025
Eric Yoo
AHMI_04_2025-Model-Form.pdf

We’ll break down the new HOTMA methodology, explain the two categories of student financial assistance, and show you how to calculate what counts as income. We’ll also go over considerations for applicants with Section 8 assistance versus those without.


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Mayor Adams Names New Leadership for the Rent Guidelines Board

Mar 12, 2025
Eric Yoo

Mayor Adams recently appointed Doug Apple as the new chairman of the Rent Guidelines Board (RGB), with Reed Jordan and Alex Armlovich as members. The new appointments signal the city’s ongoing commitment to maintaining affordability for working families while making rent-stabilized apartments e...

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