Jacksonville Housing Board Reviews CEO After 12% Fee Proposal Worth $1 Million
Updated
Updated · WJXT News4JAX · Oct 26
Jacksonville Housing Board Reviews CEO After 12% Fee Proposal Worth $1 Million
3 articles · Updated · WJXT News4JAX · Oct 26
Summary
Tuesday’s emergency meeting will examine CEO Cheron Corbett Waller’s performance and continued employment after she sought a 12% cut of developer fees on new JHA projects.
One project alone could have paid her about $1 million on top of her $300,000 annual salary, a proposal board chairman Daniel Blanchard called “offensive and shocking.”
Board members rejected the request last week, and city officials said the panel has a fiduciary duty to scrutinize agency leadership on behalf of tenants and taxpayers.
Corbett Waller still has about 18 months left on her contract; a without-cause termination could trigger more than $100,000 in severance, while a for-cause firing would pay nothing.
Did Jacksonville’s housing chief risk her job with a pay plan tied to developer fees as the agency faced deficits and contract scrutiny?
Could Jacksonville’s public housing projects be delayed if the board moves against its CEO amid questions about payouts, deficits, and contracting?
Is the Jacksonville Housing Authority’s emergency CEO review really about one compensation proposal, or a deeper breakdown in financial oversight and governance?