The mayor puts $30 million of his own money into a program designed to help young black and Latino males.
From the Politico article:
The money will go toward the Young Men's Initiative, a three-year public-private partnership aimed at reshaping how the city interacts with about 315,000 men between the ages of 16 and 24. It's being billed as the "boldest and most comprehensive effort to tackle the broad disparities slowing the advancement of black and Latino young men" in the country, Bloomberg's office said in a statement. The program will offer job placement services, fatherhood classes, and training for school staff and probation officers on how to help young men improve themselves.