After Barack Obama is sworn into office as president, a whirlwind of inauguration events, parties, balls and celebrations will commence. The premier event of the evening is the ‘Neighborhood Inaugural Ball’, which will be broadcast live on ABC. Read about the details below, see photos of the A-list performers, and watch a video.

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Lots of celebrities, including Faith Hill, Mariah Carey, Mary J. Blige, Alicia Keys, Jay-Z, Beyonce and Stevie Wonder, will perform at Barack Obama’s first party as president. Even though it’s being billed as a ‘Neighborhood Inaugural Ball’ it’s hardly a block party — The One likes to do things big!

It’s the first ever ‘Neighborhood Ball’ and being described by Team Obama as ‘a celebration designed to make the inauguration open and accessible to all people.’ Amen! To do this, the ball will be broadcast across the nation on ABC. The lovefest will air live from the Washington Convention Center in Washington D.C., on Tuesday, January 20th at 8:00-10:00 p.m. ET. Nick Cannon will DJ the event and apparently, so many Hollywood-types are trying to get some Obama face time, that even MORE performers will be announced as they are confirmed!

The Neighborhood Inaugural Ball, number 1 of 10 inaugural balls, will be held in conjunction with the rest of the inaugural festivities. The ball in Washington D.C. will be connected to balls and inaugural events through interactive webcasts and text messaging to connect ‘neighborhoods across the country.’ Cute isn’t it?

And in this time of economic uncertainty for so many in our land, Obama’s inauguration celebration is the most expensive in history, approaching 150 million dollars. This, as President Bush who spent a modest 43 million in comparison, declares a state of emergency in the DC area to help cover it’s costs! But then, knowing how The One liked to spend money during his campaign, this probably doesn’t surprise you.

More Neighborhood Ball photos here.

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Performers at ‘Obama Inauguration: Neighborhood Ball’ Photos

Alicia Keys discusses Inaugural Ball Video