The bill aims to enhance support for young adults who are homeless or have been involved in the child welfare system by amending section 409.1452 of the Florida Statutes. It mandates that each Florida College System institution and state university, in collaboration with the State Office on Homelessness, develop a plan to prioritize housing for students who are currently or were formerly in foster care or are at risk of homelessness. The bill also requires these institutions to give priority to eligible students for housing and work-study opportunities, and prohibits them from requiring a cosigner or guarantor for housing applications from these students.

Additionally, the bill creates section 409.14525, which outlines the responsibilities of the department, community-based care lead agencies, and housing authorities in administering federal housing programs and vouchers, such as the Foster Youth to Independence initiative. 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.