The bill aims to enhance housing support for young adults, particularly those who have been in foster care or are experiencing homelessness. It mandates that each Florida College System institution and state university develop plans to prioritize housing placement for these students, ensuring they receive first priority for housing and work-study opportunities. Additionally, the bill prohibits these institutions from requiring a cosigner or guarantor for students receiving housing support under specific conditions. The legislation also establishes a new section requiring the Department of Children and Families and related agencies to take necessary actions to administer federal housing initiatives, including the Foster Youth to Independence program.

Furthermore, the bill directs the Office of Program Policy Analysis and Government Accountability (OPPAGA) to conduct a study on the barriers faced by young adults who are homeless or have aged out of foster care in securing housing. This study will involve consultations with various stakeholders and is expected to provide recommendations for overcoming these barriers. OPPAGA is required to report its findings to the Governor and the Legislature by December 1, 2026. The act is set to take effect on July 1, 2025.