Bloomberg to Use Own Funds in Plan to Aid Minority Youth

Bloomberg to Use Own Funds in Plan to Aid Minority Youth

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black student writesMayor Michael Bloomberg, in an acknowledgment that thousands of young black and Latino men are cut off from New York’s civic, educational and economic life, plans to spend nearly $130 million on far-reaching measures to improve their circumstances — a quarter of that coming from his own pocket, and another quarter from fellow billionaire, George Soros.

The program will overhaul how the government helps 315,000 New Yorkers who are disproportionately undereducated, incarcerated and unemployed.

(READ the story in the New York Times)

Thanks to Sarah for submitting the link

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