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a $34,875/year for security deposits ($14,375), application fees ($281), unit holding <br /> fees ($8,438),property owner bonuses ($1,500), moving costs and other flexible <br /> assistance ($9,375), and renter's insurance ($906)for approximately six TAY per <br /> year who are not MediCal eligible and therefore do not have access to the CaIAIM <br /> move-in and housing deposit funds; <br /> o $3,750/year for mitigation funds to cover property damages and other tenancy- <br /> related losses incurred by landlords as a result of their rental to TAY with FYI <br /> vouchers, which historically is only incurred for only 5% of participants; <br /> o $12,869 for program implementation expenses, including outreach to property <br /> owners and operators, marketing, and IT support; and <br /> o $13,636 for 10% indirect costs incurred by United Way in operating this program. <br /> • Orangewood has budgeted for a 7.6257% indirect cost rate, amounting to $44,839 over <br /> three years. <br /> Orangewood requests that$264,759 be disbursed in Year One, $264,759 in Year Two, and <br /> $103,321 in Year Three. <br /> Orangewood Foundation <br /> Services Coordination for TAY and Former Foster Youth,RFP#25-057A <br /> Page 20 <br />