The Fair Housing Act is part of the Civil Rights Act of 1968 and guarantees fair treatment regarding buying, renting, and financing homes based protected classes including race, religion, national origin, sex, handicap, and family status. This is Title VIII of the Civil Rights Act.
This law is intended to prevent the reversal of housing segregation and makes it illegal to discriminate. The Department of Housing and Urban Development (HUD) is tasked with making sure this law is enforced and violations can result in significant fines.
As a property investor, you are guaranteed to be protected by the Fair Housing Act when you purchase and finance your home. Property investors are also responsible for making sure that they don't violate the Fair Housing Act when renting to prospective tenants.