§ 2-211. Housing loans; exception.

(a)

No lending institution shall discriminate in lending money, guaranteeing loans, purchasing loans, accepting a deed of trust or mortgage, or otherwise making available funds for the purchase, acquisition, construction, alteration, rehabilitation, repair or maintenance of any housing. No lending institution shall discriminate in the fixing of the rates, terms, conditions, or provisions of any such financial assistance or in the extension of service in connection therewith, because of discrimination.

(b)

Nothing contained in this Section shall prohibit any lending institution from basing its actions on the income and financial abilities of any individual.

(CB-1-1972; CB-86-1993)