The governor also reported an initial contribution of up to $100 million promised by Walter, the Mark Walter Family Foundation, and the Los Angeles Dodgers Foundation.
Newsom, who is spearheading the state’s response in Altadena and Pacific Palisades, the communities most affected by the Palisades and Eaton fires, said he was grateful for the joint effort.
“It’s a community-led vision,” Newsom said during a press conference at Dodger Stadium. “The community will determine what the community needs.”
The organization plans to raise additional funds through private donations and provide major resources to help affected communities.
“These last few weeks have been quite overwhelming, as a lifelong Angeleno,” Wasserman said on Tuesday afternoon, adding that recovery will take private and public cooperation.
“This process and this journey we’re about to start with—LA Rises—is not about the next month or the next year. It’s about what L.A. will be like in the next 50 or 100 years.”
Johnson said he planned to focus on Altadena.
“Those people may be left behind and I want to make sure that doesn’t happen,” he said.
The basketball star said the group planned to hold community meetings, talk to area pastors, and come up with a strategy.
Newsom said he is confident he can work with the Trump administration and find ways to rebuild in a sustainable way with the best designers, architects, and developers.
In other action on Tuesday, the Los Angeles County Board of Supervisors approved the creation of a Fire Recovery Fund to provide cash and other assistance to fire victims.
The fund’s starting balance is $32.2 million, which was allocated from money provided by the American Rescue Plan Act of 2021. The county’s Economic Opportunity and Consumer and Business Affairs departments are expected to report back next week with details about the fund’s implementation.