How Can MYOI Help Me?
The Michigan Youth Opportunities Initiative is a partnership between the Jim Casey Youth Opportunities Initiative and the Michigan Department of Human Services. The program was created to improve outcomes for youths transitioning from foster care to adulthood. It brings together community members, public and private agencies, and resources that are critical to enhancing the success of young adults who are transitioning or have transitioned from the foster care system.
MYOI provides financial training and bank accounts for enrolled youths. Each youth has a personal savings account and an Individual Development Account which the Michigan Youth Opportunities Initiative will match 1:1 for the purchase of an asset such as a car, or first month’s rent and a security deposit.
Training: Asset trainings provide opportunities for youth to learn how to maximize the Individual Development Account, make successful asset purchases and gain independent living skills.
Training: Asset trainings provide opportunities for youth to learn how to maximize the Individual Development Account, make successful asset purchases and gain independent living skills.
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