The Young Men's Initiative was first reported by The New York Times on Wednesday. The mayor's office called it the nation's "boldest and most comprehensive effort to tackle the broad disparities slowing the advancement of black and Latino young men" in a statement.
It will include job placement, fatherhood classes and training for probation officers and school staff on how to help the young men get ahead. More than a dozen city agencies will be involved.
The program will target about 315,000 black and Latino men between the ages of 16 and 24.
Bloomberg is set to announce the program at a community breakfast on Thursday.
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