Youth Works Milwaukee, a yearlong pilot program, hopes to reduce the rate of violent crime among high school age black males by providing jobs, life coaching and mentoring, the Milwaukee Neighborhood News Service reports.
Unlike most community initiatives, Youth Works Milwaukee hopes to turn a profit for investors while saving money for taxpayers, according to the news service.
This program model has been effective in Chicago, where students in a similar program had 43 percent fewer violent-crime arrests last year than those in a control group.
The Youth Works Milwaukee pilot, funded by the Wisconsin Department of Children and Families, was also given the opportunity by the National Council on Crime and Delinquency to test the feasibility of a "pay for success" model of funding here, the news service reports.
If the pilot is successful, an investor would be sought to fund the program beginning next summer. Assuming violent crime goes down, the investor would be repaid, potentially with interest. If it doesn't, there would be no repayment.