The bill aims to support young adults who are homeless or have been involved 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 aged 28 or younger who are either former foster care participants, experiencing homelessness, or eligible for tuition exemptions. The bill also establishes the Fostering Independence Grant Program within the Department of Education to assist these young adults in covering the costs of postsecondary education, with specific eligibility criteria and grant distribution guidelines.

Additionally, the bill mandates the development of programs and supports to help young adults access federal housing programs and vouchers, while ensuring that community-based care lead agencies maintain records of actions taken to assist these individuals in securing housing. The Office of Program Policy Analysis and Government Accountability 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.