§ 2-17-50. Discrimination in financing of housing or in residential real estate transactions.

(a)

Financing of housing It is unlawful for any bank, building and loan association, insurance company, or other corporation, association, firm or enterprise, the business of which consists in whole or in part of the making of commercial real estate loans, to deny a loan or other financial assistance to a person applying for a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a dwelling, or to discriminate against him in the fixing of the amount, interest rate, duration or other term or condition of such loan or other financial assistance, because of the race, color, national origin, sex, handicap, familial status or religion of such person, or of any person associated with him, in connection with such loan or other financial assistance, for the purposes of such loan or other financial assistance, or because of the race, color, national origin sex, handicap, familial status or religion of the present or prospective owners, lessees, tenants or occupants of the dwelling or dwellings in relation to which such loan or other financial assistance is to be made or given.

(b)

Residential real estate transactions.

(1)

It is unlawful for any person or entity whose business includes engaging in residential real estate transactions to discriminate against any person in making available such a transaction, or in the terms or conditions of such a transaction, because of race, color, national origin, sex, handicap, familial status or religion.

(2)

As used in this subsection, the term "residential real estate transaction" means any of the following:

a.

The making or purchasing of loans or providing other financial assistance;

b.

For purchasing, constructing, improving, repairing or maintaining dwelling; or

c.

Secured by residential real estate;

d.

The selling, brokering or appraising of residential property.

(c)

No cause of action arises against a person whose business includes engaging in residential real estate transactions for representing that an owner of property states that the property is "housing for older persons" whether or not such housing actually qualifies as housing for older person.

(Ord. No. 90-62, § 10, 11-6-90)