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Where Will The Obama Library Be Built?

President Obama doesn't leave office until January of 2017, but that doesn’t really matter to those that want to host his presidential library and museum.

A new foundation has been set up to raise money and to begin the site selection process.

There is no guarantee just what state it will go to.

There are already bids in the works from Chicago and Honolulu.

Obama's political roots are in Chicago, it's the first lady's hometown, the Obama children were born there and his presidential campaigns were based there.

Don't forget about Hawaii.

The President was born there and he vacations there.

Another possible site is Columbia University in New York City, where Obama was a student.

A decision could come as early as next year with a dedication ceremony sometime around the year 2020.