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LHA Minutes - 03/18/2026

MINUTES

THE HOUSING AUTHORITY OF THE CITY OF LAFAYETTE
The Board of Commissioner's Regular Meeting

March 18, 2026

The Board of Commissioners of the Housing Authority of the City of LaFayette, Alabama met on Wednesday, March 18, 2026. The meeting was held at the LaFayette Housing Authority's Administration
Office located at 301 First Avenue, LaFayette, AL 36862.

CALL TO ORDER

The Board of Commissioner's Regular Meeting was called to order at 12:34 pm by Chairperson Barbara Leverett. Sharon Tolbert, CEO acted as Secretary/Treasurer.

ROLL CALL

Commissioners Present: Barbara Leverett, Peggy King, Martha Holloway, and Elton Holloway
Others Present: Sharon Tolbert (Secretary/Treasurer), Wendy  Cochran (Staff-Virtual), and Ben Albritton (Auditor-Virtual) Commissioners Absent: Mary Owens-Lyerly
There was a quorum for the purpose of conducting business.

APPROVAL OF THE AGENDA

Chairperson Leverett asked if there were any changes to the Agenda. There were no changes. Chairperson Leverett asked for a motion to approve the Agenda. Commissioner Elton Holloway moved to approve the Agenda. Commissioner King seconded the motion, and all members voted aye. Chairperson Leverett declared the Agenda approved.

APPROVAL OF MINUTES

Chairperson Leverett asked if there were any changes to the September 24, 2025, Regular Meeting Minutes. There were no changes. Chairperson Leverett asked for a motion to approve the Minutes. Commissioner King moved that the September 24, 2025, Minutes be approved as received. Commissioner Elton Holloway seconded the motion, and all members voted aye. Chairperson Leverett declared the Minutes approved.

PUBLIC COMMENTS

There were no public comments.

FYE2025 AUDIT REVIEW

The Commissioners were provided a copy of the FYE2025 Audit report. Ben Albritton, an auditor from Rector, Reeder & Lofton PC, reviewed the report in detail and informed the Commissioners that there were no findings. There were various discussions regarding the report.

FINANCIAL REPORTS
A. Accounts Payable Report: Auburn Housing Authority
The Board was given a copy of the Accounts Payable Report. Wendy Cochran, COO, informed the Board that the accounts payable balances are current for expenses through January 2026. The report was reviewed and discussed.

B. General Fund: June 2025-January 2026
Commissioners were provided with copies of the reports for June 2025 to January 2026; detailed financial reports were forwarded via email. Wendy Cochran, COO, reviewed the Income and Expense Comparison Report and Board Operating Statement/Budget Report and asked if there were any questions.

Chairperson Leverett asked for a motion to approve the Financial Reports. Commissioner Elton Holloway moved to approve the Financial Reports. Commissioner Martha Holloway seconded the motion, and all members voted aye. Chairperson Leverett declared the resolution approved.

A copy of the financial reports is attached and made a part of the Minutes.

UNFINISHED BUSINESS

There was no Unfinished Business.

NEW BUSINESS
A. RESOLUTION FYE2026-003: FYE2025 Audit Report
Resolution FYE2026-003 was introduced by Chairperson Leverett. Commissioners were provided a copy of the resolution and supporting documentation. Secretary/Treasurer Tolbert informed the Board that the resolution is to approve the FYE2025 Audit Report. 

Chairperson Leverett asked for a motion to approve Resolution FYE2026-003. Commissioner King moved that the resolution be approved as received. Commissioner Martha Holloway seconded the motion, and all members voted aye. Chairperson Leverett declared the resolution approved.

B. RESOLUTION FYE2026-004: Tenant Write-Offs
Resolution FYE2026-004 was introduced by Chairperson Leverett. Commissioners were provided a copy of the resolution and supporting documentation. Secretary/Treasurer Tolbert informed the Board that the resolution is to approve the tenant write-offs for $437.24. The information was reviewed and discussed.

Chairperson Leverett asked for a motion to approve Resolution FYE2026-004. Commissioner Martha Holloway moved that the resolution be approved as received. Commissioner King seconded said motion and all members voted aye. Chairperson Leverett declared the resolution approved.

C. Next Meeting
The next Board meeting will be held on June 17, 2026, at 12:30 pm. The date and time are subject to change. A Special Meeting will be held if time-sensitive items require Board action.

DEPARTMENT AND MISCELLANEOUS REPORTS

A. Multifamily Housing Department
Commissioners were given a copy of the Multifamily Housing Department Report. The report reflected units leased, work orders completed, units turned, and PCA updates through February 2026. The report was reviewed.

B. Miscellaneous
Commissioners were given a copy of the Miscellaneous Report. Secretary/Treasurer Tolbert reviewed the Miscellaneous Report, which included various updates.

Chairperson Leverett presented updates from the 2026 NAHRO Washington Conference and the Commissioners Mastery Conference.

There was various discussions regarding other programs and services.

Secretary/CEO Tolbert thanked the Board for attending the meeting.

Copies of the reports are attached and made part of the Minutes.

ADJOURNMENT

There being no further business, Chairperson Leverett adjourned the meeting at 1:54 pm.