President Obama is returning to Los Angeles on May 7 to raise money for congressional candidates at an event at the home of Walt Disney Studios chairman Alan Horn and his wife, Cindy, according to sources familiar with the plans.

The event will benefit the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee, with Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi scheduled to attend.

Obama visited Los Angeles in November for a series of events to raise money for midterm candidates, including fundraisers at the home of media mogul Haim Saban, producer Marta Kauffman and basketball great Magic Johnson.

According to the Associated Press, tickets to the event will range from $10,000 per person to just under $65,000 for a couple.

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