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
TOMORROW: U.S. Senator Tina Smith Joins Patients, Fellow Lawmakers, and Advocates To Demand Bold Action to Bring Down Drug Prices
WASHINGTON, DC [07/25/19]—Tomorrow, U.S. Senator Tina Smith (D-Minn.) and patients from across the country will gather in front of the U.S. Capitol to demand bold action to lower prescription drug prices. Sen. Smith will be joined by fellow lawmakers, as well as advocates, to highlight the need for Congress to address this pressing issue. The press conference will occur right before the House Committee on Oversight and Reform holds a hearing with patients, titled “The Patient Perspective: The Devastating Impacts of Skyrocketing Drug Prices on American Families.” It also coincides with the Center for Popular Democracy’s patient bus trip to
U.S. Senator Tina Smith Again Calls on Top Trade and Foreign Agriculture Official to Provide Clear Answers on Effects Trade Restrictions on Cuba are Having on Minnesota, Nation
WASHINGTON, D.C. [07/25/19]—U.S. Senator Tina Smith (D-Minn.) believes in the importance of building relationships in foreign markets on behalf of Minnesota farmers—and farmers across the country—which is why today she again pressed the Department of Agriculture’s top trade and foreign agriculture official for more information regarding our nation’s trade with Cuba. Two years ago as Lieutenant Governor, Sen. Smith led an agricultural mission from Minnesota to Cuba. But since taking office President Trump has imposed several new restrictions on business with and travel to Cuba, making it even more difficult to build a strong trade relationship with Cuba going forward.
U.S. Sens. Tina Smith & Lisa Murkowski, U.S. Reps. Denny Heck & Sean Duffy Introduce Bipartisan Bill to Help Tribes Combat Homelessness in Minnesota, Nationwide
WASHINGTON, D.C. [07/25/2019]—Today, U.S. Senators Tina Smith (D-Minn.) and Lisa Murkowski (R-Alaska), along with U.S. Representatives Denny Heck (D-WA 10) and Sean Duffy (R-WI 7), introduced bipartisan companion bills in the Senate and House to make it possible for Tribes and tribally designated housing entities to access funding to combat homelessness on tribal lands. According to a study commissioned by the Department of Housing and Urban Development (HUD), there are between 42,000 and 85,000 homeless Native Americans living on tribal lands. Homelessness on tribal lands often leads to families moving in with neighbors—sixteen percent of American Indian and Alaska Native
U.S. Sens. Tina Smith, Angus King, Jeff Merkley Press to Enhance Nation’s Energy Efficiency Capabilities
WASHINGTON, D.C. [07/25/19]—Today, U.S. Senators Tina Smith (D-Minn.), Angus King (I-Maine) and Jeff Merkley (D-Ore.) introduced legislation to boost the use of cutting-edge technologies to increase energy efficiency capabilities across America. The American Energy Efficiency Act of 2019 builds upon state success to establish a nationwide energy efficiency standard that would ask retail electric and national gas utilities to achieve energy savings of 22% and 14% respectively by 2035. Currently, 26 states have such standards, which have proven to be cost-effective energy savers. “One of the immediate actions necessary to reduce greenhouse gas emissions is to reduce the amount of energy we use—more energy efficiency,” said Sen.
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