Steve Ballmer's $100 million investment in Inglewood signaled an early step for a potential new arena for the Los Angeles Clippers.
The investment was negotiated alongside Inglewood city officials as part of an agreement that includes a new home for the Clippers.
$80 million of the investment will go towards affordable housing and assistance for first-time home buyers.
Ballmer's area proposal includes a "billion-dollar-plus" of private located on over 26 acres in Inglewood.
