The objectives of the Self-Sufficiency Fund are to:
(1) provide training for targeted employment to allow
individuals identified as low-income, youth up to the age of 24 who
are part of a low-income family, or individuals at risk of becoming
dependent on public assistance benefits to achieve self-sufficiency;
(2) the extent practicable, provide Self-Sufficiency
Fund services in all areas of the state;
(3) develop projects that place individuals in a position
of employment that is on a career pathway or in employment in local
workforce development areas in which participants will earn wages
sufficient to enable them to become independent of, or to avoid becoming
dependent on, public assistance benefits;
(4) collaborate with Board contractors, Workforce Solutions
Offices, or other entities to establish referrals of eligible trainees;
(5) develop projects that at the completion of training
will result in employment benefits, including medical insurance, for
training project participants;
(6) develop projects that include contributions from
other resources, including the business partners, that are supporting
the training project; and
(7) develop projects that at completion of the training
will result in the greatest economic benefit to the public, in the
form of enhanced occupational skills and positive economic impact
within the local community.
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