WA SB5940

Establishes a two-year Extended Foster Care Housing Pilot Program effective January 1, 2027, providing rental assistance to up to 50 youth who are receiving extended foster care services and experiencing or at imminent risk of homelessness

Rental assistance covers up to 24 months (not extending beyond age 21), based on fair market rent, with youth paying no more than 30% of adjusted gross income toward rent (or 40% if rent exceeds fair market rate)

Requires the Department of Children, Youth, and Families to conduct competitive procurement for program operation by entities with demonstrated understanding of stable housing needs for child welfare-involved youth

Mandates transition planning with youth at least three months before their 21st birthday, including assessment of housing and financial stability, support applying for federal housing vouchers, and referrals to benefits and services

Requires a legislative report by June 30, 2029, detailing program outcomes including number of youth served, demographics, costs by county, and waitlist information