Indirect Cost Rate (ICR) Initiative

New York City is the first major city to establish an indirect cost rate funding initiative to pay nonprofits' indirect cost rates. The initiative supports human services providers by acknowledging and funding critical indirect costs and standardizing cost allocation practices. MOCS co-leads this initiative with the Mayor's Office of Management and Budget (OMB). The FY 2026 ICR Application Process will tentatively open January 2025 for eligible providers. Please Visit MOCS ICR Initiative for more information regarding ICR Application for FY 2026 and provider eligibility.