ATLANTA - Tyler Perry donated $2.75 to the city of Atlanta to prevent legacy residents from being displaced by rising property values.
Tyler Perry to donate $2.5M to help older Atlanta homeowners
Tyler Perry is donating $2.75 million to older homeowners in Atlanta to help ensure they’re able to stay in their homes.
The movie mogul to pay the back property taxes for 300 low-income seniors in Atlanta. The assistance will cover city, county and school taxes. Perry will also cover any increase in taxes over the next 20 years for 100 low-income seniors. He 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 ensure the seniors don’t pay any more in such taxes.
The funds will be administered by Invest Atlanta Partnership, the nonprofit wing of Atlanta’s economic development authority.
Atlanta’s mayor’s office released this statement from Dickens to thank Perry for his generosity: “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. 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.”
According to Forbes, Perry is the only black male among top 10 highest-paid entertainers…and his priority is said to be giving back to the community that means so much to him.
Tyler Perry has been supporting and always helping out senior citizens. (Back in 2020), Tyler Perry helped out thousands of grocery shoppers were surprised during senior hours in Atlanta and New Orleans — when Perry picked up their tabs at Kroger stores in Atlanta and Winn-Dixie stores. He also gave $21,000 in tips at an Atlanta restaurant.