Fair Housing

Under New York law, what is 'redlining'?

AThe practice of drawing red lines on property surveys to show boundary disputes
BThe illegal practice by lenders of refusing to make loans in certain geographic areas based on the racial or ethnic composition of those areas✓ Correct
CA zoning technique used to designate high-density urban areas
DThe NYC practice of marking historical properties with a red designation

Explanation

Redlining is the illegal practice by banks and other lenders of refusing to provide mortgages, insurance, or other financial services to residents of certain geographic areas, typically based on the racial or ethnic composition of those areas. It is prohibited by the Fair Housing Act and the Community Reinvestment Act.

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