Senator Smith knows that without a safe, affordable place to live, nothing else in your life works – not your job, your health, your family, or your education.
All Minnesotans deserve access to safe, secure, and stable housing, which is why Sen. Smith is committed to addressing the affordable housing crisis affecting people in communities across the state. Unstable and unsafe housing conditions often upend young people’s ability to learn in school, prevent parents from finding and holding jobs capable of supporting their family, and have long-lasting, negative mental and physical health impacts. Additionally, the COVID-19 pandemic exacerbated the severity of the housing affordability crisis, making an already dire situation worse. To address this, Sen. Smith helped pass the American Rescue Plan in 2021, which provided billions of dollars in emergency rental assistance, homeowner assistance and housing vouchers to keep people sheltered and healthy. She also helped pass the CARES Act in 2020, which provided critical rental assistance to families in need.
Both the CARES Act and American Rescue Plan provided unprecedented but temporary assistance. There’s more work needed to put permanent measures in place, and Sen. Smith is still fighting. As chair of the Subcommittee on Housing, Transportation and Community Development, she’s working to address homelessness, boost the supply of housing, invest in rural and senior housing, and eliminate home health and safety hazards.
While the lack of quality, affordable housing affects everyone. Sen. Smith understands that housing insecurity hits some communities harder than others. Renters are struggling to find units they can afford, homeownership is increasingly out of reach, and homelessness has been on the rise. Black and Indigenous individuals, and other people of color in Minnesota, as well as seniors and veterans, too often bear the brunt of these challenges. As a member of the Senate Committee on Indian Affairs, Sen. Smith has been a champion for addressing the housing inequities that Native Americans and Tribal Nations face. In 2020, two of her bills related to Native housing became law: the Tribal Access to Homeless Assistance Act and the Native American Housing Affordability Act, which make it easier for Tribes to access funds to combat homelessness and secure mortgages on trust lands, respectively.
As we look to the future, Sen. Smith recognizes the importance of supporting improvements in federal housing programs like USDA’s Rural Housing Service, the Native American Housing Assistance and Self-Determination Act, and the Housing Trust Fund. As a member of the Senate Committee on Banking, Housing and Urban Affairs, Sen. Smith has introduced legislation to improve fire safety in homes, support homebuyers in Native communities, and address the legacy of housing discrimination. She will continue to fight for measures like these until they become law because everyone deserves a safe, affordable place to live.
Latest Releases
U.S. Senator Tina Smith Leads 29 Colleagues in Push for Robust Rural Housing Funding
WASHINGTON, DC – U.S. Senator Tina Smith (D-Minn.) led 29 of her Senate colleagues in a push for more funding for rural housing programs in the FY2025 Appropriations bill. In their letter, the Senators noted that rural communities saw only a 1.7% increase in the number of housing units between 2010 and 2020, with almost half of states seeing a decrease in the number of rural units. According to the Minnesota Housing Partnership, every county in Minnesota has a shortage of affordable and available rental homes for extremely low-income households. 79% of counties have a shortage that exceeds 100 homes, and 31% have a shortage exceeding 500 homes. “Without a safe, decent, affordable place to call home, nothing in your life works – not your job, your health, your education or your family,” said Senator Smith. “While the housing crisis is hurting communities across the country, the burden has been especially hard on small towns and rural communities. The severe shortage of affordable housing is hurting rural America’s ability to prosper, and it is imperative we direct more funding to address this housing shortage and finally bring our communities some relief. “Against this backdrop, federal rural housing programs have shrunk to the point that only about 3,500 direct loans are available for low-income families to purchase or build their own home, the lowest level since 1957. Funding to preserve rental and farm labor housing is meager by any standard and by no means adequate to provide new housing opportunities or preserve existing housing resources,” wrote the Senators. “In the coming years, the number of maturing Section 515 mortgages will
The Affordable Housing and Homeownership Protection Act Would Tackle Housing Crisis by Creating Millions More Homes and Helping Main Street Compete with Wall Street
WASHINGTON, DC – As the nation’s housing shortage pushes home prices and rents to historic levels, a new Senate bill would provide tens of billions of dollars to help create millions of new homes for low-income Americans. U.S. Senators Tina Smith (D-MN), Jack Reed (D-RI)and Tammy Baldwin (D-WI) are teaming up with several colleagues to introduce the Affordable Housing and Homeownership Protection Act (S. 3673). This bill would generate up to $50 billion over ten years to help build and preserve approximately 3 million affordable housing units nationwide. The bill would be fully paid for through a transfer tax on large investors who profit by purchasing sixteen single-family homes or more. Driven by a shortage of as many as 6.8 million homes nationwide, homes prices have surged 39% and rents 31% over the last four years, according to the National Association of Realtors and Zillow. Higher rents and fewer opportunities for homeownership are devastating for millions of families. As housing costs skyrocket, more households are priced out of homeownership, while renters have less to spend on food, clothing, and other everyday necessities. Low-income Americans are particularly strained – the National Low Income Housing Coalition estimates 73% of extremely low-income households spend more than half their income on housing. Unsurprisingly, homelessness has risen in line with housing prices and is up 15% since 2019. Unfortunately, federal investments in low-income housing are insufficient to solve this affordability crisis. Indeed, researchers at Harvard University found that the three largest federal housing programs serve nearly
Klobuchar, Smith Secure Significant Federal Funding for Local Projects Benefiting Duluth and North Shore, Including Investments in Aerial Lift Bridge
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they have secured significant federal funding in the Fiscal Year (FY) 2023 federal budget to support local projects benefiting Duluth and the North Shore. These projects will enable critical infrastructure improvements, including modernizing the Aerial Lift Bridge, while expanding housing opportunities and workforce development programs in sectors facing critical shortages. “From improving the Aerial Lift Bridges to helping students pursue medical training programs, these projects will address key issues impacting Minnesotans on a daily basis. I am proud to have worked with local leaders to secure these
U.S. Senator Tina Smith, Colleagues Call for Review of Realty Company’s Deceptive Listing Agreements
WASHINGTON, D.C. — U.S. Senator Sen. Tina Smith (D-MN), Chair of the Senate Subcommittee on Housing, Transportation, and Urban Development, along with Sen. Sherrod Brown (D-OH), and Sen. Ron Wyden (D-OR), sent a letter to the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) requesting a review of real estate brokerage firms’ use of exclusive listing agreements. The letter follows several reports of companies like MV Realty misleading families into entering 40-year exclusive listing agreements, which can make it difficult for homeowners to refinance and often result in them losing out on up to three percent of their home’s value when
Senator Smith, Colleagues Question RealPage CEO on Role in Exacerbating Housing Inflation
Washington D.C. – U.S. Senators Tina Smith (D-Minn.), Chair of the Senate Housing, Transportation and Community Development Subcommittee, Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.) and Edward J. Markey (D-Mass.) sent a letter to RealPage CEO Dana Jones, expressing concern about RealPage’s algorithmic pricing software, and its role in driving rising rents across the country. This letter follows reporting indicating that the software, YieldStar, may push affordable housing for families further out of reach by “artificially inflating rents and stifling competition,” creating a rent-hike race to the top. According to a ProPublica investigation, YieldStar, a “software that uses a mysterious algorithm
Senators Klobuchar, Smith Announce New Rental Assistance Funding for Minnesota
WASHINGTON, D.C. [10/121/22] — U.S. Senators Amy Klobuchar and Tina Smith (Both D-Minn.), announced over $8 million in funding for a key rental assistance program that will help Minnesotans struggling to pay rent. The additional funding is made possible by the American Rescue Plan, which both Klobuchar and Smith helped pass last year. “Far too many households across our state are struggling to afford the high costs of housing. Families should not have to choose between paying their rent and paying for other essential necessities,” said Klobuchar. “This critical rental assistance will enable more Minnesotans to remain in their homes
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