Mayor Bill de Blasio has said he will build on Michael Bloomberg's and the Open Society Foundations' Young Men's Initiative supporting black and Latino men, reported The New York Observer.
Mayor Bill de Blasio asserted today he would build on Michael Bloomberg’s far-reaching and personally-financed initiative to help young minority men, but said he had no immediate plans to ask his billionaire predecessor for another check.
The nearly $130 million program, known as the Young Men’s Initiative, was created in 2011 and aimed to help underprivileged black and Latino men land jobs and avoid prison. Mr. Bloomberg himself covered about a quarter of the cost with his own cash; George Soros, a de Blasio ally and chair of the Open Society Foundations, also pitched in $30 million….