Budget Amendment ID: FY2012-S3-221-R1

Redraft ECO 221

Year Up, Inc.

Mr. Tolman moved that the proposed new text be amended in section 2, by inserting, after item 7007-0800, the following item:

7007-0802..For the Year Up, Inc. program to provide employment, training and job placement through a one-year program for young urban adults ages 18-24 that combines an internship with college credits and a stipend, so long as said program demonstrates at least a 6:1 private match and has a proven record of achieving at least an 80% positive outcome within six months of graduation, defined by either a first job earning $30,000 or full-time enrollment in college.………………………………………………………………………………..…$200,000