Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

News

Schwarzenegger Signing NFL Stadium Bill Right Now

nfl-stadium-la.jpg
LAist relies on your reader support.
Your tax-deductible gift today powers our reporters and keeps us independent. We rely on you, our reader, not paywalls to stay funded because we believe important news and information should be freely accessible to all.

The Governor's Office is webcasting the live the press conference where Schwarzenegger will sign legislation exempting developers from environmental laws, which has delayed the project. The Governor's office calls the project a "green project." Although today's legislation will pave way for this "shovel-ready" and "privately financed" project (that they say will bring 18,000 jobs), the LA Times notes that developers Majestic Realty might have trouble getting "construction loans amid the credit crunch."