After being elected to Haringey Council, Labour Party candidate Seema Chandwani revealed the Tottenham Youth Fund would be launched next year.
The local Labour Party used social media to confirm Chandwani would contribute £1,000 from her councillor's allowance to the fund and that this would be matched by Tottenham MP David Lammy.
Further money will be raised through community donations, ensuring £3,000 is available each year for the next three years.
Like many councils, Haringey has cut funding for youth services in recent years, and Chandwani said politicians had let the area's young people down.
"In 2011, and also again in 2015, I stood in this chamber by the sides of young people who fought and begged for this council not to cut their much loved and much needed youth services," she said.
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