Putting New Yorkers to Work in an Economic Downturn
Proposals | Welfare, Jobs & Workforce Development
Community Voices Heard has been working with the Community Service Society of New York to draft a concept paper outlining a statewide program for paid Transitional Jobs for former felons and public assistance recipients. Attached here is the concept paper for this innovative initiative as well as a Return on Investment Study completed by the Fiscal Policy Institute that demonstrates how money spent now will definitely pay off later. While the program has a direct cost of $80 million to provide for an annual 4,000 subsidized transitional job slots, the net cost is only $49 million, and within three years the statewide initiative could pay for itself. For public assistance recipients, an initial $17 million investment in the TJ initiative results in state/ local cost savings of $60 million dollars. For formerly incarcerated individuals, an initial $32 million investment results in state/ local cost savings of $96 million.
| Attachment | Size |
|---|---|
| TRANSITIONAL JOBS RETURN ON INVESTMENT STUDY.pdf | 133.51 KB |
| NYS TJ Proposal - FINAL.pdf | 189.47 KB |

