Eric Yoo

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.

IN THE NEWS

Bill Seeks to Ban Use of Biometrics in Public Housing, Citing Bias Concerns

May 25, 2025

Eric Yoo

If enacted, the legislation would bar housing authorities and owners from installing or operating systems that rely on biometric identification for purposes such as building access, surveillance, or tenant monitoring.

FEATURE

City Agency Proposes Updates to Window Guard Rules

The proposed rules reflect modern building practices and clarify responsibilities related to window A/C units.

May 23, 2025

Eric Yoo

The NYC Department of Health and Mental Hygiene recently proposed an update to its window guard regulations. The proposed rules include updated language and technical requirements intended to better protect children in a city where window types and safety technologies have evolved. If finalized, the new rules would take effect on Jan. 1, 2026, replacing the entirety of current Chapter 12 of the city’s Health Code.

LIHTC Reforms Clear First Hurdle in Passed House Reconciliation Bill

May 22, 2025

Eric Yoo

Supreme Court Reviews Judicial Limits with Housing Grants at Stake

May 22, 2025

Eric Yoo

The U.S. Supreme Court is reviewing a case with potential consequences for how executive power and judicial oversight interact. The case’s outcome could directly affect federal housing programs and grant disbursements.

MANAGEMENT BASICS

DOB Launches 2025 No-Penalty Inspection Program with Earlier Start Date

With the earlier start this year, DOB encourages owners to act quickly.

May 21, 2025

Eric Yoo

The Department of Buildings has brought back its annual No-Penalty Inspection Program for summer 2025. The program offers penalty-free safety inspections to small landlords across New York City. For 2025, the program runs from May 19 through June 30, a shift from prior years when it ran from late June through July.

IN THE NEWS

NYC Water Board to Consider 3.7% Rate Increase for FY 2026

New rates would take effect July 1 if approved following public hearings.

May 20, 2025

Eric Yoo

Owners should prepare for another increase in water and sewer charges, although the proposed hike for Fiscal Year 2026 is smaller than in recent years. The Department of Environmental Protection (DEP) has put forward a 3.7 percent increase, which, if approved by the NYC Water Board, would go into effect on July 1, 2025.

IN THE NEWS

City Pursues First Lawsuit Under Local Law 18 Against Short-Term Rentals

The case may serve as a precedent for future enforcement.

May 19, 2025

Eric Yoo

The case may serve as a precedent for future enforcement.

FEATURE

How to Handle Unit Transfer Requests Without Triggering Noncompliance

Transfers are sometimes necessary to support resident stability, accessibility, or safety, but that doesn’t mean every request can be approved without review.

May 19, 2025

Eric Yoo

Transfers are sometimes necessary to support resident stability, accessibility, or safety, but that doesn’t mean every request can be approved without review. By taking a few key steps before approving a household transfer, you can avoid costly mistakes and make sure your site stays on track.

DEALING WITH HOUSEHOLDS

Social Security Overpayment Clawbacks May Disrupt Some Residents’ Finances

The default withholding rate for overpayments is now 50 percent, so LIHTC sites should be prepared for the fallout that may occur when elderly or disabled residents suddenly lose a large portion of their fixed income.

May 17, 2025

Eric Yoo

The default withholding rate for overpayments is now 50 percent, so LIHTC sites should be prepared for the fallout that may occur when elderly or disabled residents suddenly lose a large portion of their fixed income.

ARTICLES