On 12 January 2007, over a month after he left office, Fox announced the construction of a center of studies, library and museum that was labeled by the U.S. press as Mexico's first presidential library. The project will be a library, museum, a center for the advancement of democracy, a study center and a hotel, and it will be completely privately funded. It is expected to be a genuine U.S.-style presidential library. It will be built in Fox's home state of Guanajuato, in his home town of San Francisco del Rincón.