The project at 225 W. Linden Ave. was also an important step in ensuring the foster youth were as prepared for the real world as possible, they said.
Roughly $526,000 will come from federal funds, while about $1.38 million will come from the city Redevelopment Agency.
The Burbank Housing Corporation will kick another $10,000 and administer the project. It will also contract with the Burbank Family Service Agency to provide supportive services for the residents, while owning and managing the actual property.
The transitional housing facility will be open to young adults between the ages of 16 and 19 who are recently emancipated foster youth, or at risk of becoming homeless. According to a report to a Burbank Housing Corporation oversight committee, a disproportionate number of homeless adults were once in the foster care system.
Officials also said a large percentage of former foster youth fail to achieve self-sufficiency, adding that in Los Angeles County, 50% of them will be homeless within six months.
Representatives for the Burbank Family Service Agency could not be reached for comment.
Burbank Housing Corporation officials examined various transitional housing options and decided to model the Linden property after the single-site models successfully employed by United Friends of the Children, which operates facilities in Whittier and Inglewood.
"We focus on helping these young adults move from a dependent to an independent lifestyle," Polly Williams, president of United Friends of the Children, said. "We commit to the youth for the long haul so they have the support they need when they go forward with their lives."
The agency assigns advocacy counselors to each resident to establish unique goals. As of June, 89% of the program's alumni are in stable housing and 75% of the former participants are employed.
Burbank Housing Corporation has closed escrow on the Linden Avenue property and the current residents of the remaining three units will be relocated to other affordable housing facilities at the cost of the corporation.
"Now that the project has been approved, the residents have a 90-day notice to vacate," said Maribel Leyland, senior redevelopment project manager for the city, adding that they would "work very specifically with each household."