Light shouldn't be a problem. Free from the sun. Air and water however is an expensive proposition on the moon.
Can ‘air’ be made by breaking down moon rock? Can we free enough Nitrogen and Oxygen from lunar soil so that we don't have to haul it all up from Earth? Any Chemists out there who can tell us?
If the moon is product of ejected material from a massive impact of an object into the earth, then it would be quite interesting to go down several hundred feet or a few miles to see what that's all about.