The Youth Foyer Foundation stands ready to assist Wodonga Council if a feasibility study is done into bringing the model to the city.
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The council is yet to finalise its draft Youth Strategy, which outlines a goal to lobby state government for a feasibility study into a Youth Foyer.
In other areas, state government has funded the initial build for the foyer with a number of providers partnering to deliver housing and employment mentoring for homeless young people.
In Shepparton Berry Street and Beyond Housing deliver those services.
Foyer Foundation executive officer Sinead Gibney-Hughes said state government would need to commit to ongoing funding for a Wodonga Youth Foyer.
"Shepparton is an Education First Youth Foyer model, so the costs of that can range from $1.1 million to $1.4 million annually," she said.
"It's exciting that in recent evaluations we've been able to state there's about $10 million in social cost savings, in terms of a reduction on welfare payments, health system and justice costs, and also the economic viability of these young people being able to contribute.
"We're seeing rising numbers of youth homelessness and absolutely massive changes to the economic environment in which young people can access jobs, so we need to shake up what we're doing."
Interest in Youth Foyers is growing, with two additions recently announced in Queensland and Tasmania deciding to convert the state's provision of youth services to align with the model.
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Ms Gibney-Hughes said for one to be set up in Wodonga, there would need to be state government support and interest from service providers.
"The state government does recognise this model's value," she said.
"We've received a commitment they (Victoria's current Youth Foyers) will be funded in an ongoing capacity.
"What you really want is a commitment from the local community and stakeholders to support the initiative.
"We'd love to see a youth foyer in Albury-Wodonga, and we see such benefits for the communities they are in."
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