New YorkA 68692025-2026 Regular SessionHouseWALLET

Prohibits discriminatory practices by real estate appraisers and furthers fair housing compliance

Sponsored By: George Alvarez (Democratic)

Became Law

GOVERNMENTAL OPERATIONSCODESWAYS AND MEANSRULESINVESTIGATIONS AND GOVERNMENT OPERATIONS

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

Bans bias in home appraisals

The law bans discrimination in home appraisals. Appraisers cannot base value or deny service because of race, creed, color, national origin, citizenship or immigration status, sexual orientation, gender identity or expression, military status, sex, age, disability, marital or familial status, being a victim of domestic violence, or lawful source of income. The rule covers appraisals for owners or occupants and nearby properties. It also covers anyone who holds themself out as doing residential appraisals, licensed or not, and includes written and oral comments used to support value.

Housing anti-discrimination fund backs enforcement

The state keeps a dedicated anti-discrimination housing fund. It gets money from appropriations, transfers, gifts, and half of certain fines. The Attorney General uses it for fair housing testing, outreach, investigations, and to address biased appraisals, including new appraisals or review work. Local human rights offices and eligible nonprofits can apply for grants.

Tougher enforcement and fair hearings for appraisers

The Department can suspend or revoke an appraiser’s certification or license. It can also fine up to $2,000, instead of or along with discipline. The Department must give at least 20 days’ written notice of charges before a hearing. Appraisers and licensed assistants can appear in person or with a lawyer. If violations are found, the Department issues written findings and a final order. Half of these fines go to the anti-discrimination housing fund.

Sponsors & Cosponsors

Sponsor

George Alvarez
Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 60 • No: 0

House vote • 4/30/2025

FLOOR Vote