Trump Exploited a Loophole to Pocket 150k in Funding Meant for Small Businesses Affected by 9/11

For all the money Donald Trump claims to have, the Republican frontrunner could not resist taking advantage of a government program designed to help small businesses in New York City recover from the economic impact of 9/11, the New York Daily News reports.

The loophole, exploited by Trump and other wealthy business owners, allowed the billionaire to pocket $150,000 for the Trump Building, a commercial space located at 40 Wall Street from the Empire State Development Corp (ESDC), the organization that processed $20 billion in federal aid allocated to rebuilding downtown Manhattan.

According to the Daily News, the state’s loose rules for what constitutes a small business enabled Trump and other wealthy business owners to profit off the federal aid. The money was originally intended for mom-and-pop shops whose businesses were threatened by a lack of foot traffic in the aftermath of the attacks....
http://www.alternet.org/donald-trump-exploited-loophole-pocket-150k-federal-funding-meant-small-business-affected-911