The program has enlisted Dodgers Chairman Mark Walter, Magic Johnson, and LA28 chairman and president Casey Wasserman to lead the initiative.

The goal of LA Rises is to raise more funds through private donations to supplement local and state resources for rebuilding in the fire zones where entire neighborhoods have been wiped out.

The post-wildfire public-private partnership includes at least $100M of private capital and will shape "what L.A. is going to be like for the next 50 or 100 years."

Gov. Gavin Newsom is launching a program called LA Rises Tuesday and it will provide financial support from private sectors to rebuild areas affected by recent wildfires throughout Southern California.