Tyler Perry to donate $2.5M to help older Atlanta homeowners
Actor and filmmaker Tyler Perry is donating $2.75 million to older homeowners in Atlanta to help ensure they’re able to stay in their homes
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Actor and filmmaker Tyler Perry is donating $2.75 million to older homeowners in Atlanta to help ensure they're able to stay in their homes.
A few weeks ago, Perry reached out to Atlanta Mayor Andrew Dickens about providing assistance for those residents on fixed incomes who could lose their homes as a result of rising real estate taxes, The Atlanta Journal-Constitution reported.
Perry, ranked third among the world's highest-paid entertainers by Forbes, is going to pay the back property taxes for 300 low-income seniors in Atlanta, the newspaper said.
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 older residents. 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 residents 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.