Description
The Workforce Innovation and Opportunity Act (WIOA) Youth Program Allotments for Program Year (PY) 2024 provide funding to states for youth activities, including employment and training services. The program aims to help disadvantaged youth acquire skills and knowledge to secure employment. Key aspects of the program include:
* The total appropriated funds for WIOA Youth Activities in PY 2024 is $948,130,000.
* The funds are allocated among states based on a formula that considers factors such as the number of unemployed individuals, excess unemployed individuals, and disadvantaged youth.
* States must distribute the funds among local workforce areas, reserving up to 15% for statewide activities.
* The program has specific requirements for sub-state allocations, including the use of a minimum percentage (or stop loss) to ensure that no local area receives an allocation percentage that is less than 90% of the average allocation percentage received by the local area for the previous two years.
* The program also has provisions for re-allotment of funds based on state obligation levels at the end of the first program year of use.
Some of the key activities and services that may be funded through this program include:
* Employment and training services for disadvantaged youth
* Education and career counseling
* Job placement and retention services
* Support services such as transportation and childcare assistance
* Services to help youth acquire skills and knowledge to secure employment
States and outlying areas must submit an application for funding, which must include a description of the proposed activities and services, a budget, and other required information. The application must be submitted electronically by June 07, 2024.