The bill aims to enhance support for young adults who are homeless or have been involved in the child welfare system in Florida. It amends section 409.1452 of the Florida Statutes to require 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 aged 28 or younger who are either former foster care recipients, experiencing homelessness, or eligible for tuition exemptions. The Office of Continuing Care will determine eligibility for former foster care, while institutions will assess homelessness status based on existing tuition exemption criteria. Additionally, the bill mandates that these institutions give priority to eligible students for housing and work-study programs.

Furthermore, the bill creates section 409.14521, defining "young adult" and requiring various entities to develop programs to assist these individuals in accessing federal housing programs and vouchers. It outlines specific responsibilities for community-based care lead agencies and housing authorities, including maintaining records of actions taken to help young adults secure housing. The Office of Program Policy Analysis and Government Accountability (OPPAGA) is tasked with conducting a study on the barriers faced by young adults in obtaining housing, with findings due by December 1, 2026. The act is set to take effect on July 1, 2025.