Fair Chance for Youth Act of 2017 This bill amends the federal criminal code to establish a process to expunge and seal certain youth criminal records. A youth is an individual who was arrested, prosecuted, or sentenced for a criminal offense committed at age 21 or younger. A youth may petition to expunge records related to: (1) a misdemeanor conviction, (2) a nonviolent felony drug conviction, (3) a conviction for any nonviolent offense committed prior to attaining age 18, or (4) an arrest or prosecution for a nonviolent offense that is disposed of. A youth may petition to seal records related to: (1) a nonviolent conviction, (2) a conviction for any offense committed prior to attaining age 18, and (3) an arrest or prosecution for a nonviolent offense that is disposed of. Each federal district court must establish a Youth Offense Expungement and Sealing Review Board to review, evaluate on the merits, and make recommendations to grant or deny expungement and sealing petitions. The Court must consider and decide each petition for which it receives a Review Board recommendation. The Department of Justice must report on the number of: (1) expungement and sealing petitions granted and denied, and (2) times a U.S. attorney supported or opposed an expungement or sealing petition. This bill's provisions apply to youth regardless of whether such youth became involved in the federal criminal justice system before, on, or after enactment.