Tyler Perry has deep pockets and an even deeper love for the community.
Apparently, opening Tyler Perry Studios has affected all of the properties around it by increasing the property taxes of nearby residents.
The entertainment mogul, who is Forbes’ third highest-paid entertainer in the world, will be donating $2.5 million to senior citizens in the city of Atlanta to prevent them from losing their homes.
Tyler reached out to Mayor Andre Dickens to provide assistance to Atlanta residents on fixed incomes who would lose their homes if they are unable to pay their taxes.
But, that’s not all, Tyler Perry is going to pay back property taxes for 300 low-income seniors and he will also cover any increases in taxes for 100 low-income seniors over the next 20 years.
Tyler has already donated $750,000 for the first year to cover back taxes and property tax increases, and he’s pledged $500,000 each year over the next four years to prevent seniors from paying any additional taxes.
Tyler Perry took to Instagram and shared:
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!!
We ain’t doing that to our legacy.
Thank you Mayor Dickens and Invest Atlanta for caring about our folks.
See his original post below.
God bless Tyler Perry for his heart of gold.
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