NY’s Game-Changing Bill Bans Real Estate Bias—Homebuyers Rejoice!
New York State is poised to take a historic step forward with Bill A 6869, recently delivered to the governor for approval. Sponsored by Assemblymember Alvarez, this legislation aims to eliminate discriminatory practices by real estate appraisers, ensuring a fairer and more equitable housing market for all residents. The bill sets strict standards to prevent bias based on race, ethnicity, or other protected characteristics during property valuation.
If signed into law, A 6869 will strengthen fair housing compliance and promote greater transparency in real estate transactions across New York. Homebuyers and sellers alike can expect a more just market environment, potentially reducing long-standing disparities in housing opportunities. Advocates hope this law will serve as a blueprint for other states seeking to tackle discrimination in property appraisal.
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