Tyler Perry To Donate $2.5M To Help Atlanta Homeowners
Actor, filmmaker and philanthropist Tyler Perry will be donating $2.75 million to older homeowners in Atlanta to make sure that they will be able to continue to stay in their residences.
According to The Atlanta Journal-Constitution, Perry connected with the city’s mayor Andrew Dickens about providing assistance to older residents in need who are on fixed incomes that could possibly lose their homes as a result of skyrocketing real estate taxes.
Perry committed to paying the back property taxes (city, county and school taxes) for 300 low-income seniors in Atlanta, the outlet confirmed. He will also cover any increase in taxes over the next 20 years for 100 low-income older residents.
“Atlanta’s growth and prosperity should not come at the expense of our legacy residents — many of whom have been priced out of their homes in previous years,” said Mayor Dickens in an official statement. “Tyler Perry has been engaged in our ongoing conversations around legacy resident retention, and he told me he wanted to do something to support these efforts. Thanks to his generosity, more Atlantans will be able to remain in the communities they built.”
Perry has already donated $750,000 for the first year to cover the back taxes and any increase in property taxes, and has pledged $500,000 each year over the next four years to make sure that residents don’t pay any more in such taxes.