Richmond, N.Y., Code of Ordinances ch. 116 (eCode360 ed. 2026) § 116-4
Discrimination in the financing of housing
Operative Text
It shall be unlawful within the Town of Richmond 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, national origin, handicap or familial status of such person or of any person associated with him in connection with such loan or other financial assistance or the purpose 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 § 116-6 .
Richmond, N.Y., Code of Ordinances ch. 116 § 116-4 prohibits banks, insurance companies, and other real estate lending entities operating in the Town of Richmond from refusing or limiting loans and financial assistance based on a borrower's race, color, religion, sex, national origin, handicap, or familial status. The rule also bars lenders from using those same characteristics of people associated with the loan, or of current or prospective owners, tenants, or occupants of the property, as a basis for unfavorable loan terms. An exception referenced in § 116-6 of the same chapter is preserved and not affected by this provision.
Plain English — not legal advice.
Property owners and managers in Richmond who work with lenders or facilitate financing for tenants and buyers should be aware that under ch. 116 § 116-4, any lending institution involved in a transaction cannot apply different loan terms or deny financing based on protected characteristics of the borrower, associated parties, or the property's occupants. Compliant operators generally ensure that financing arrangements they participate in do not involve or encourage discriminatory underwriting practices. Familiarity with the exception outlined in § 116-6 is also part of understanding the full scope of this rule.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Tenants and prospective occupants in the Town of Richmond have an interest in ch. 116 § 116-4 because their protected characteristics—such as race, religion, sex, national origin, handicap, or familial status—cannot lawfully be used by a lender to deny or limit financing for a dwelling they are associated with. If a tenant or applicant believes a lender has violated this provision, general enforcement paths include filing a complaint with a local or state civil rights agency, raising the violation through available administrative channels, or consulting a tenant-rights organization for guidance on next steps. The exception in § 116-6 may also be relevant to understanding the full boundaries of this protection.
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 10, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
Effective Timeline
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Rules and statutes that cite this regulation