(a) The department, in coordination with local public and private agencies, shall design, develop, and implement a foster care transition program to provide support and services to individuals who
(1) reach or have reached the age of 16 or older while in state foster care and have not yet reached 23 years of age; and
(2) meet other eligibility criteria established by the department under (b) of this section.
(b) The department may adopt regulations to carry out the purposes of AS 47.18.300 - 47.18.390, including regulations establishing eligibility thresholds, standards, and limits for the program. The department shall develop the regulations in consultation with those public and private organizations considered necessary by the department.