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Monday, February 20, 2023

Tyler Perry Donates $2.75M to Cover Rising Property Taxes For Low-Income Senior Citizens

Tyler Perry

Nationwide — Filmmaker and actor Tyler Perry is once again giving back to his local community with a $2.75 million donation to help low-income seniors in Atlanta cover their property taxes, ensuring they remain homeowners in their own communities.

Perry, who was recently named the third among the world’s top 10 highest-paid entertainers by Forbes, stepped up to provide some financial assistance to seniors living on fixed income amid the continually rising property taxes in Atlanta.

Perry recently donated $750,000 to pay off back property taxes, including city, county, and school taxes, for over 300 low-income seniors in Atlanta.

For the next 4 years, he allocated $500,000 each year to ensure these residents don’t pay such taxes anymore. For the next 20 years, he will also cover any increase in taxes for 100 low-income seniors.

“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,” said Atlanta Mayor Andre Dickens, according to 11Alive.

The donation, which totals $2.75 million, will be administered by the Invest Atlanta Partnership, the nonprofit section of Atlanta’s Economic Development Authority.