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Atlantic City Files Lawsuit Over Loan Program That Promised Relief For Struggling Residents, Businesses

Back in 2013, Atlantic City launched a loan program aimed at providing up to $40 million in financial relief to the city’s struggling homeowners and businesses. But after nearly two years and an investment of $3 million, the people of AC have received little help, leading the city to file a lawsuit against the company hired to administer the program. [More]