Trump to Cash In on NYC Subsidized Housing Sale

President Donald Trump is expected to cash in on a major sale of a subsidized housing complex in New York. Starrett City in Brooklyn, which encompasses 46 buildings, was sold for $906 million. The Associated Press reports that Trump owns 4 percent of the housing complex, according to his financial disclosure forms. The AP also notes that the Trump administration has proposed cuts of more than 11 percent to such housing programs nationwide.