Brad Pitt's Foundation To Pay Over $20M In Katrina Housing Settlement

One of the modular houses built by the Brad Pitt's Make It Right Foundation is seen in the Lower Ninth Ward of New Orleans on February 5, 2013. (AFP Photo/Timothy A. Clary via Getty Images)

Photo: Getty Images

A settlement is being reached between Brad Pitt's foundation and a group of New Orleans residents.

Pitts' Make It Right Foundation and the homeowners told an Orleans Parish civil judge yesterday about the over $20 million deal.

The residents will get $25,000 each from the foundation if the judge approves the agreement.

It involves 107 people who moved into a post-Katrina housing development funded by Make It Right, which had defects and leaks.