City of Cerritos v. CERRITOS TAXPAYERS ASSN.

Opinion

LICHTMAN, J. *

SUMMARY

The principal questions in this case are two. The first is whether a city and a redevelopment agency may use funds earmarked for low- and moderate-income housing to purchase and renovate property which would then be leased to a school district, as part of an arrangement in which the district would in turn lease other property (currently housing its administrative offices) to the redevelopment agency (and ultimately to a nonprofit housing corporation) for the construction of a low- and moderate-income apartment complex for senior citizens. The second question is…