Which federal act is aimed at fair housing and impacts appraisals according to AO-39?

The Fair Housing Act (FHAct) is the correct answer because it specifically addresses issues related to discrimination in housing. This federal law prohibits discriminatory housing practices based on race, color, national origin, religion, sex, familial status, or disability. Its broader intent is to ensure that all individuals have equal opportunities in housing, which directly impacts how properties are appraised by requiring appraisers to adhere to principles that avoid bias and reflect fair market values.

The relevance of the Fair Housing Act to appraisals is highlighted in AO-39, which underscores the importance of adhering to fair housing laws in the appraisal process. Appraisers are trained to recognize and consider the implications of the Fair Housing Act in their evaluations, ensuring that their assessments support nondiscriminatory practices and uphold the integrity of the housing market.

The other federal acts mentioned address different areas of civil rights and housing, but they do not specifically target fair housing in the same way as the Fair Housing Act does. For instance, the Civil Rights Act of 1964 establishes broader civil rights protections, which include some housing elements but is not specifically focused on housing discrimination. The Equal Opportunity Act provides general provisions for equal opportunity, and the Home Mortgage Disclosure Act requires financial institutions to provide certain information about their