Tyler Perry is trying to offset the rise of property taxes that have been hitting the area around his studios in Atlanta. He’s pitching in  $750,000 to help prevent the displacement of low-income seniors in Atlanta that live in the area surrounding Tyler Perry Studios. That money will “pay off all back property taxes for every low-income senior” in the city, counting toward county and school taxes as well. He’s also pledging to keep property taxes steady for 100 low-income seniors with $500,000 every year over the next five years. That money should cover the gap between present-day property taxes and potential increases to those taxes over the next two decades.

The funds involved will be overseen by Invest Atlanta Partnership, the city’s economic development nonprofit.

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