Punky is now a single mother of three trying to get her life back on track when she meets a girl who reminds her of her younger self.
Punky and her family have to figure out where Izzy is going to sleep in their apartment. After a surprise call from her long-absent mother, Punky has to decide whether she's ready to see her again.
Punky and Hannah venture into the dating world at the same time, prompting Hannah to pull away from her mom until a mishap brings them closer together. When Travis gets writer's block, Izzy helps him write a song.
Punky finds a joint in Hannah's bedroom and worries that Hannah's boyfriend, Sean, is a bad influence. Izzy tries to be the perfect child to avoid getting sent back to Fenster Hall.
Punky goes out with a musician, upsetting Travis. Izzy loses her beloved cap and the kids have to help her get it back.
When Daniel wears a sarong to school, Punky and Travis wonder about his gender identity and try to figure out how to get him to open up. Izzy is obsessed with professional wrestling.
When Izzy has a mishap in the treehouse, Punky enlists Cherie's help to fix it up for her. Hannah and her friends make a pact to be totally honest with each other, but it backfires.
When Cherie confides in Punky that she's considering proposing to Lauren, all the talk of marriage stirs up old feelings between Punky and Travis. Diego develops a crush on Hannah's friend, driving Hannah crazy.
Punky is thrilled to be planning an '80s-themed block party for her neighborhood, but she finds herself unprepared for her feelings toward Travis and the arrival of her long-absent mother. Izzy loses Brandy.
A custody hearing to discuss Izzy's future inspires Punky to finally reconnect with her long-lost mother. With Punky's blessing, Travis heads out on tour with his band.
