Latest Releases
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 Announce Significant Federal Infrastructure Grant to Improve Highway 169
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced a $24.7 million federal grant for the US 169 Rural Safety and Mobility Interchange Project in Sherburne County, which will eliminate the signal-controlled intersection at County Road 4 and replace it with a grade-separated, hybrid diamond interchange. The current intersection has crash rates at nearly five times the state average and has been ranked the second most dangerous intersection in central Minnesota. This project will also reduce traffic congestion and accommodate anticipated growth on this important regional highway. In addition, the new interchange will have a multi-use trail for pedestrian and bike access. Funding for this project comes from the U.S. Department of Transportation’s INFRA (Nationally Significant Multimodal Freight & Highway Projects) grant program. “Highway 169’s signal-controlled intersection has been ranked as one of the most dangerous intersections in central Minnesota. Drivers who use this intersection every day deserve a safer alternative,” said Klobuchar. “This federal grant will make much-needed improvements to make the interchange secure for drivers and pedestrians.” “Revitalizing our infrastructure is about more than just fixing roadways and bridges; it’s about improving people’s lives, which is precisely what this project will do,” said Smith. “This intersection on Highway 169 is dangerous in its current form. Now, Minnesota has the federal investment to make this vital corridor safer for everyone.” INFRA grants can be used by communities across the country for multimodal freight and highway projects of national or regional significance to improve the safety, efficiency, and reliability of freight
U.S. Senator Tina Smith Urges Secretary Carson to Extend Critical Deadline for Housing Counseling Organizations Who Risk Losing Funding
WASHINGTON, D.C. [07/10/20]—Today U.S. Senator Tina Smith (D-Minn.) led a group of Senators —including Sen. Amy Klobuchar (D-Minn.)—pressing Secretary of Housing and Urban Development (HUD) Ben Carson to extend the upcoming August 1, 2020 deadline for housing counselor certification for HUD’s Housing Counseling Assistance Program by at least one year. While counseling agencies have been working hard to get members of their organization certified, many agencies will be unable to complete this process before August 1 due to the coronavirus (COVID-19) pandemic, and therefore risk losing HUD funding. Sen. Smith said that the COVID-19 pandemic has exposed existing disparities and economic inequities in Minnesota
U.S. Sen. Tina Smith, U.S. Rep. Max Rose Introduce Legislation to Deliver More Effective Mental Health and Substance Use Disorder Services during Pandemic
WASHINGTON, D.C. [06/29/20]—Today, U.S. Senator Tina Smith (D-Minn.) and U.S. Representative Max Rose (D-NY 11) introduced companion bills in the Senate and House to make sure public organizations and nonprofits can more effectively and efficiently provide mental health and substance use disorder services during the coronavirus (COVID-19) pandemic and future emergencies. Currently, there is a backlog in mental health and substance use disorder assistance due to COVID-19. Additionally, many federal agencies are being forced to tap into resources that aren’t usually used for this purpose. Sen. Smith and Rep. Rose’s Emergency Support for Substance Use Disorder and Mental Health Services
U.S. Senator Tina Smith in Senate Floor Speech Says Congress Must Address the Public Health and Economic Crisis of COVID-19 in Tribal Communities
WASHINGTON, D.C. [07/01/20]—Today, U.S. Senator Tina Smith (D-Minn.) took to the Senate floor to raise the disproportionate impact COVID-19 is having on Native American communities in the United States, and to call on the Trump Administration and Congress to uphold its trust and treaty responsibilities by addressing the urgent needs of Tribes across the country. In her speech, Sen. Smith called for Congress to provide support to Tribal governments so they can respond to COVID-19 and provide essential services for Tribal members, and also highlighted the need to fully fund the Indian Health Service and housing programs. You can watch video of
U.S. Senator Tina Smith Says Farmers, Businesses, Consumers to be Helped When U.S.-Mexico-Canada Free Trade Agreement Takes Effect Wednesday
WASHINGTON, D.C. [07/01/20]—U.S. Senator Tina Smith (D-Minn.) said that she expects the U.S-Mexico-Canada Free Trade Agreement (USMCA) going into effect today to add much-needed trade certainty for Minnesota farmers, businesses, and consumers who have weathered years of uncertain trade policies and are facing a challenging coronavirus pandemic. Sen. Smith., a member of the Senate Agriculture Committee, who helped secure key improvements to the bipartisan agreement, including strengthened protections for workers and improved access to affordable medicines, also pushed to ensure it will open new markets for U.S. dairy exports and will end unfair Canadian milk pricing rules that hurt farmers in
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