Fulton, N.Y., Code of Ordinances ch. 324 § 324-5
Financing of housing
Operative Text
It shall be unlawful within the City of Fulton for any bank, building and loan association, insurance company or other corporation, association, firm or enterprise whose business consists in whole or in part in the making of commercial real estate loans to deny a loan or other financial assistance to a person applying therefor 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 terms or conditions of such loan or other financial assistance because of the race, color, religion, sex, handicap, familial status or national origin of such person or of any person associated with him in connection with such loan or other financial assistance or the purposes of such loan or other financial assistance or 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, provided that nothing contained in this section shall impair the scope or effectiveness of the exception contained in § 324-7 .
Section 324-5 of Fulton, N.Y., Code of Ordinances Chapter 324 prohibits lenders — including banks, building and loan associations, insurance companies, and similar financial enterprises — from denying or discriminating in the terms of real estate loans based on protected characteristics such as race, color, religion, sex, handicap, familial status, or national origin. The rule applies when the loan is sought for purchasing, constructing, improving, repairing, or maintaining a dwelling. This prohibition extends to discrimination based on the characteristics of people associated with the applicant or the current and prospective occupants of the property in question.
Plain English — not legal advice.
Property owners in Fulton who seek financing for residential real estate should be aware that under § 324-5, lenders operating in the city are prohibited from varying loan terms — such as amount, interest rate, or duration — based on protected characteristics of the borrower, associated parties, or the dwelling's occupants. Compliant lenders evaluate applications on lawful financial criteria rather than on race, color, religion, sex, handicap, familial status, or national origin. Landlords who believe a financing decision was influenced by such characteristics in connection with a dwelling-related loan may have recourse under this provision, subject to the exception outlined in § 324-7.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section 324-5 of Fulton's housing ordinance (Ch. 324) establishes that tenants and prospective occupants of a dwelling cannot be used as a basis for a lender to deny or alter the terms of a real estate loan affecting that property. This means a lender cannot cite the race, religion, national origin, or other protected characteristics of a building's tenants or occupants to justify unfavorable loan conditions. Tenants who believe this provision has been violated may wish to consult a tenant-rights organization, a fair housing agency, or an attorney familiar with local fair lending law to understand available complaint and enforcement paths.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 7, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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