Gavin Newsom announced today an initiative to help rebuild Los Angeles after the last fires. It is called La Rieses, and will be led by prominent sports and entertainment leaders, including Magic Johnson, Casey Wasserman and Dodgers Mark Walter. The mandate is to create a “unified recovery initiative that combines private sector leaders to support reconstruction efforts led by Los Angeles.” This will include not only the recruitment of other community leaders, but also to raise money. For the seed of this effort, the Mark Walter Foundation provided a family and Los Angeles Dodgers Foundation for a preliminary commitment of up to $ 100 million.
“Los Angeles will rise again – stronger, more challenging and more flexible than ever.” “As California has met firefighting, we will work together to rebuild. With Mark, Earvin and Casey, the leadership has proven its usefulness and deep commitment to Los Angeles, we will benefit from creativity, experience and huge resources in the private sector, as well as local, state and federal efforts, to provide a recovery that benefits from all Angelinus ”
In fact, the goal of the effort is to “mobilize the full resources of the private sector, increase and amplify local and state resources, rebuild altadena, Pasadena, Pacific Palisades, and all affected societies.”
La Rieses will focus on providing access to capital and financial tools, benefit from innovation and enhancing investment in the private sector. You will support the broader recovery efforts before:
- Collect donations and expand access to charitable capital
- Formulating financing strategies to bridge the gap between the available resources and cost for rebuilding
- Cooperation with other charitable and societal organizations to increase the effect of construction and continuous recovery efforts
- Supporting the unified communication efforts to armament Angelenos through realistic and realistic information and time schedules for rebuilding and the available resources