The top three sides also earned qualification to the 2008 FIFA U-20 Women's World Cup.
It featured eight teams and was played entirely at the Estadio Cuauhtémoc in Puebla City, Mexico.
The tournament was won by Canada, who defeated the United States in the final by a score of 1–0.
Mexico secured the final qualification spot by defeating Costa Rica in the third-place match.
The draw for the tournament was held on May 6, 2008, at the CONCACAF Offices of the General Secretariat in New York City.