Project work costs $10,000
The City of Tuscaloosa will reimburse up to 80% of the total project cost. Applicant will pay a minimum of 20% of the project cost.
$10,000 X .8 = $8,000 reimbursable by the City of Tuscaloosa at the completion of the project. The applicant will be responsible for the remaining $2,000.
If the project exceeds $25,000, the City of Tuscaloosa will only pay up to $25,000 of the total project cost.