August 30, 2025
Greater than 3,500 households within the Metro Atlanta space will see a complete of $10 million in debt cleared this week due to the Atlanta Dream.
Greater than 3,500 households within the Metro Atlanta space will see a complete of $10 million in debt cleared this week — the monetary reprieve is due to a coalition led by the WNBA’s Atlanta Dream.
The WNBA partnered with Money App and debt reduction agency ForgiveCo. The announcement comes on the 62nd anniversary of Dr. Martin Luther King Jr.’s “I Have a Dream” speech.
Money owed to be forgiven vary from $500 to $80,000, with awardees chosen primarily based on monetary hardship. ForgiveCo recognized households most in want and the corporate leveraged its energy to buy debt at decreased charges, thereby, permitting ForgiveCo to forgive it outright.
“Behind each debt is an actual particular person, a dad or mum, a household underneath pressure,” stated ForgiveCo CEO Craig Antico. “What we do is greater than eradicate balances. We give individuals room to breathe, hope to dream, and the reassurance that they don’t have to hold this burden alone.”
The crew expressed that the act is part of its bigger dedication to empower the Atlanta neighborhood.
The Atlanta Dream majority proprietor, Larry Gottesdiener, spoke of the initiative. “We imagine sports activities is a catalyst for social change,” Gottesdiener stated. “Collectively, we’re proving that sports activities groups could be highly effective brokers for transformation, rooted in goal and dedicated to strengthening our communities.”
Money App echoed that imaginative and prescient. Zach Ashley, its head of name partnerships, stated the trouble aligns with the corporate’s total mission.
“At Money App, we imagine monetary freedom needs to be accessible to everybody, and this second with the Atlanta Dream exemplifies our dedication to turning that perception into motion,” he stated.
To additional honor its dedication, the Dream, Money App, and ForgiveCo will host a ladies’ basketball clinic at C.T. Martin Natatorium and Recreation Heart. The occasion consists of ability stations, management workshops, and alternatives to attach with Dream employees, gamers, and Money App executives.
The businesses’ agenda blends financial reduction with long-term neighborhood empowerment. Moreover, it provides not simply monetary reduction, but additionally hope and tangible assist that falls consistent with Dr. King’s enduring legacy.
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