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Commission approves small reallocation in 2025 action plan to boost principal repayment
Community and Neighborhood Services (Tuscaloosa City) · February 17, 2026
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Summary
The panel approved moving $11,482.50 from budgeted interest to principal in the 2025 action plan, a change staff said would lower the loan interest balance and increase principal payments.
Staff recommended a targeted change to the program-year 2025 action plan to accelerate principal repayment by moving $11,482.50 from budgeted interest into principal.
Speaker 2 described the request as taking $11,482.50 from interest budgeted for…
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