Personal tools

Skip to content. | Skip to navigation

Sections
You are here: Home → Newsroom → Education News Roundup → Archive → 2011 → August 2011 → Bloomberg to use own funds in plan to aid minority youth

Bloomberg to use own funds in plan to aid minority youth

  • 08-04-2011
  • Bookmark and Share

By Michael Barbaro and Fernanda Santos/New York Times

The administration of Mayor Michael R. Bloomberg, in a blunt 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. The program, the most ambitious policy push of Mr. Bloomberg’s third term, would overhaul how the government interacts with a population of about 315,000 New Yorkers who are disproportionately undereducated, incarcerated and unemployed. To pay for the endeavor in a time of fiscal austerity, the city is relying on an unusual source: Mr. Bloomberg himself, who intends to use his personal fortune to cover about a quarter of the cost, city officials said. (more...)

 

Document Actions
Connect with IDEA
Subscribe to the news roundup

 

facebook-portlet

 

twitter-portlet

 

rss-portlet