Actor and filmmaker, Tyler Perry, 53, is helping low-income senior homeowners in Atlanta pay their property taxes.
TMZ reports that the increase in property values could be a direct result of his own studio’s success. The value of land around his studio is increasing, which ultimately causes an increase in property taxes.
Perry reached out to Atlanta’s mayor, Andrew Dickens, to discuss those at risk of losing their homes due to property taxes, which were primarily those on a fixed income.
After the discussion, Perry made a donation of $750,000 for the first year to cover the back taxes and any increase in property taxes. Additionally, Tyler pledged to donate $500,000 each year over the next four years to help support these residents.
The funds donated will be administered by Invest Atlanta Partnership. This is the nonprofit wing of Atlanta’s economic development authority. His donation will help 300 low-income seniors in Atlanta.
Mayor Dickens made a statement saying, “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,” He continued, “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.”
Tyler made a post via Facebook with a caption:
“So… I knew that the success of my studio would affect all the property values around it. But make no mistake the seniors on fixed incomes around the studio will not lose their homes because of past due or rising taxes… no sir!!” :
For those wondering, this huge donation will definitely not hurt Tyler’s pockets.
Tyler was recently recognized by Forbes on the ‘World’s 10 Highest-Paid Entertainers’ List. Tyler Perry was the only Black entertainer to make the list. He currently has a net worth of $1 Billion.
This is such an amazing thing that Tyler is doing! He is such an inspiration to us all!
