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July 04, 2025
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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

COMPLIANCE

HUD Delays Implementation of the HOME Final Rule Until April

HUD has said that this delay is strictly procedural and hasn't indicated that it's considering any substantive modifications to the HOME Final Rule.
Feb 26, 2025
Eric Yoo

HUD has said that this delay is strictly procedural and hasn't indicated that it's considering any substantive modifications to the HOME Final Rule.



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COMPLIANCE

HUD Delays Implementation of the HOME Final Rule Until April

HUD has said that this delay is strictly procedural and hasn't indicated that it's considering any substantive modifications to the HOME Final Rule.
Feb 26, 2025
Eric Yoo

HUD has said that this delay is strictly procedural and hasn't indicated that it's considering any substantive modifications to the HOME Final Rule.



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IN THE NEWS

Impact of President Trump's Deregulation Push on Affordable Housing

IRS regulations will once again be subject to White House review through OIRA, reinstating a policy from Trump’s first term that adds another level of scrutiny to IRS rulemaking.
Feb 26, 2025
Eric Yoo

IRS regulations will once again be subject to White House review through OIRA, reinstating a policy from Trump’s first term that adds another level of scrutiny to IRS rulemaking. 



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FEATURE

How to Collect Higher Monthly Surcharges for Tenant-Installed Appliances

New surcharges issued by the DHCR take effect immediately for washing machines, dryers, and dishwashers.
Feb 26, 2025
Eric Yoo

New monthly surcharges take effect immediately, and the state housing agency will apply them in all currently pending cases in which the owner is seeking a surcharge for one of these tenant-installed appliances. It’s important to note that the surcharge policy applies only to washing machines, dryers, and dishwashers. No surcharges can be imposed for other tenant-installed appliances such as refrigerators or garbage disposals.


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IN THE NEWS

HUD Ends Affirmatively Furthering Fair Housing Rule—Again

Developers that use LIHTCs may find it more difficult to get rezoning approvals in high-income or exclusionary neighborhoods, as local governments may feel less of an obligation to accommodate affordable housing.
Feb 25, 2025
Eric Yoo

Developers that use LIHTCs may find it more difficult to get rezoning approvals in high-income or exclusionary neighborhoods, as local governments may feel less of an obligation to accommodate affordable housing.



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IN THE NEWS

HUD Ends Affirmatively Furthering Fair Housing Rule—Again

Developers that use LIHTCs may find it more difficult to get rezoning approvals in high-income or exclusionary neighborhoods, as local governments may feel less of an obligation to accommodate affordable housing.
Feb 25, 2025
Eric Yoo

Developers that use LIHTCs may find it more difficult to get rezoning approvals in high-income or exclusionary neighborhoods, as local governments may feel less of an obligation to accommodate affordable housing.



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MANAGEMENT BASICS

New Online Portal Streamlines Lead Exemption Applications

Getting exemptions for your lead-paint-free units means they’ll no longer be subject to some of the Local Law 1 requirements.
Feb 24, 2025
Eric Yoo

Filing for a lead-based paint exemption will ensure you get the benefits of having lead-paint-free spaces that are no longer subject to some of the Local Law 1 requirements.



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MANAGEMENT BASICS

How to Submit Applications for Updated J-51 Tax Relief Program

We go over details of the program including eligibility, the application process, and important deadlines.
Feb 23, 2025
Eric Yoo

Owners can now use J-51 for energy-efficient upgrades that support Local Law 97 compliance.




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IN THE NEWS

NYC Housing Chief Resigns Amid City Hall Turmoil

Three other high-ranking officials in Mayor Adams’ administration also resigned, increasing uncertainty over the city’s housing policies.
Feb 22, 2025
Eric Yoo

Three other high-ranking officials in Mayor Adams’ administration also resigned, increasing uncertainty over the city’s housing policies.



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IN THE NEWS

State Investigations Return Apartments to Rent Stabilization

Emerald Equity Group illegally deregulated 21 rent-stabilized units and overcharged tenants.
Feb 21, 2025
Eric Yoo

Emerald Equity Group improperly and illegally deregulated 21 rent-stabilized units, overcharged tenants, and failed to keep tenants’ security deposits in separate accounts as required by law.


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View All Articles by Eric Yoo
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      • Best Commercial Lease Clauses, 17/e
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