Brad Pitt Foundation Settles Post-Katrina Housing Development Lawsuit for $20.5 Million
People, the $20.5 million settlement was described as “[resolving] outstanding issues in the litigation over homes in the Make It Right development in the Lower 9th Ward of New Orleans.”Thanks to the settlement, which will be managed by California-based nonprofit organization Global Green, homeowners can each be reimbursed for $25,000 for past repairs, according to The Associated Press.In a statement, Pitt said, “Hopefully this agreement will allow everyone to look ahead to other opportunities to continue to strengthen this proud community.” The actor thanked Global Green for its “willingness to step up and provide this important support for the Lower Ninth families… we are very fortunate to have Global Green’s generous continuing commitment to help address the challenges around these homes and others in need,” Pitt stated. Global Green CEO William Bridge said in the release that the company “has had an ongoing positive working relationship with Mr.