The Associated Press is reporting New York officials say they are launching a project to train and employ former inmates using $13.5 million raised from businesses and foundations as investors. Under a contract with Social Finance Inc., the state will pay those investors based on measured employment increases and reductions in recidivism. State officials say it should reach 2,000 ex-inmates soon after their release, connecting them to job training and placement services over four years in Rochester and New York City. Read the full AP story in the Daily Freeman.