Amit Motwani
City Council, District 3
- Maintain focus on 80-120% MFI households. The plurality that represents 121+% MFI is far less
likely to be priced out of market - Increased navigation of, funding for, and access to educational programs and financial
assistance programs, including low-interest loans and financial counseling provided by
Community Development Financial Institutions (CDFI) that may assist in easing other angles of
affordability - Strategic legislative policy agenda and/or working with local institutions and leveraging public
private partnerships to improve access to high quality early childhood education (e.g. full day
pre-K for 3 and 4 year olds), again, to ease another angle of affordability as high quality child care
is among the highest cost burdens for all families across the income spectrum. - Strategic legislative policy agenda in concert with other local governments to support “legislation
to allow flat dollar-amount Homestead Exemptions” - “Create a preservation property tax exemption for properties to minimize displacement of
low-income renters” - “Expand the use of shared-equity ownership and mechanisms to preserve and create ownership
options for households at 80-120% MFI”
(Quotations taken directly from Austin Strategic Housing Blueprint, 2017)