District Attorney Steve Cooley is investigating possible conflicts of interest on the part of the chairwoman of LA Mayor Villaraigosa's housing commission, which grants roughly a billion dollars in federal rent subsidies to needy families. Beatriz Stotzer also works for developers of low income housing, which receive the subsidies in the form of Section 8 vouchers. She is the president of one such developer, which manages apartments where two of her sons live. The story was first uncovered by CBS2 News, where David Goldstein is an investigative reporter.
Note: We contacted Ms. Stotzer's office, but she did not respond to requests for an interview.)