Young people on the North-West Coast will now have access to more supported accommodation with the opening of the Burnie Youth2Independence facility.
The new 26-unit facility will provide a foundation for independence and growth for young people aged 16-24.
The facility will be managed by Youth Family Community Connections (YFCC) who provide a range of services to young people, families, and individuals across the North-West and West coasts.
Minister for Housing and Planning, Felix Ellis said he was committed to providing more foundations for young people to learn, grow, and live their best lives.
"We're leading the way in progressing education-first solutions to address youth homelessness, and the Y2I program supports young people to become independent adults by succeeding in education and training," Minister Ellis said.
"Young people who live at Y2I commit to The Deal, backing themselves in to develop the skills and knowledge needed to obtain a Certificate I in Developing Independence with TasTAFE.
"We now have five Y2I facilities across Tasmania, supporting hundreds of young people as they transition into adulthood.
"Each Y2I unit built is more than just a roof over a head; its foundations made, a life changed, and futures shaped.
"Through our Government's 2030 Strong Plan for Tasmania's Future, we are committed to taking strong action to tackle homelessness."
The Tasmanian Government funded the $14.2 million facility, which has been built by local contractor Stubbs Construction, resulting in an economic benefit of over $40 million for the North West Coast.
Liberal candidate for Montgomery, Stephen Parry, said the new youth facility would help to change the trajectory of many young people's lives on the north west coast.
"We know that transitioning into adulthood can be a vulnerable time for many and the more we can do to support them during this time, the better their lives will be in the long-term," Mr Parry said.
"The Y2I model backs in our young people to become the best version of themselves, and I fully support the Government's investment in this space."