The bill aims to support young adults who are homeless or have been in the child welfare system by amending existing laws and creating new provisions. It requires each Florida College System institution and state university to develop a plan, in consultation with the State Office on Homelessness, to prioritize housing for students who are currently or were formerly in foster care or are at risk of homelessness. The bill mandates that these institutions give priority for housing and work-study opportunities to eligible students and prohibits them from requiring a cosigner or guarantor for housing applications for those receiving housing support.

Additionally, the bill establishes a new section that outlines the responsibilities of various entities, including the department and community-based care lead agencies, in administering federal housing programs and vouchers. These entities are tasked with documenting actions taken to assist young adults in securing residential leases and providing necessary assurances to landlords regarding funding through housing vouchers. The bill is set to take effect on July 1, 2025.