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U.S. Senators Tina Smith, Mike Rounds Announce More Bipartisan Support for Legislation to Modernize and Reform Rural Housing Programs

Washington [9.19.23] – This week, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) announced growing support for their bipartisan legislation to improve federal rural housing programs, cut red tape, and strengthen the supply of affordable housing. Their updated bill would represent the most significant Rural Housing Service reforms years, and has the support of a large bipartisan group of senators including eight members of the Banking Committee. New cosponsors include Senators Cynthia Lummis (R-WY), Jon Tester (D-MT), Mike Crapo (R-ID), Chris Van Hollen (D-MD), Steve Daines (R-MT), and John Fetterman (D-PA). “Without a safe, affordable place to live, nothing else in your life works. Not your job, not your education, not your health,” said Smith. “We know that the housing crisis is hurting communities across the country, and the problem is particularly acute in rural places. This legislation is the direct result of bipartisan hearings and conversations with stakeholders who helped identify ways we can make federal rural housing programs work better for people struggling to find a safe, affordable place to live. I’m excited about the growing support for this package of rural housing reforms”  “I am pleased with the bipartisan coalition that is building around this commonsense legislation to update USDA’s Rural Housing Service,” said Rounds. “Homeownership is part of the American dream and a key to building wealth. This legislation makes important improvements and updates that will create and preserve affordable housing opportunities in South Dakota. As we face an affordable housing crisis across the nation, I

U.S. Senator Tina Smith Applauds Senate Passage of Her Bipartisan Bill to Help Small Businesses Access Capital, Create Jobs in Rural America

WASHINGTON – U.S. Senator Tina Smith (D-MN) applauded the Senate’s passage of her bipartisan Expanding Access to Capital for Rural Job Creators Act. The legislation, which is co-led by Senator John Kennedy (R-LA), would help eliminate hurdles small businesses in rural areas disproportionately face when they try to access capital. “Access to capital is essential to the economic health and growth of rural communities in Minnesota and across the country,” said Sen. Smith. “Rural small businesses often face disproportionate obstacles when trying to secure capital to develop and grow their businesses. This legislation would help rural small businesses overcome these hurdles and strengthen our rural economies.” Access to capital is critical for starting and expanding rural small businesses, which often face a disproportionate number of obstacles when seeking capital investment. This bipartisan legislation, the Expanding Access to Capital for Rural Job Creators Act, would require the Securities and Exchange Commission to submit annual reports on the unique challenges small businesses in rural areas face when trying to secure capital. The report would outline roadblocks and identify solutions to ensure rural small businesses, and the local economies they support, are able to develop and grow. Senators Gary Peters (D-MI), Raphael Warnock (D-GA), Shelley Moore Capito (R-WV) and Jacky Rosen (D-NV) also cosponsored the legislation.

U.S. Sens. Smith & Cramer Unveil Bipartisan Bill to Fully Examine Scope of Insulin Affordability Crisis in Order to Bring Relief to Americans Struggling to Afford Medication

WASHINGTON, D.C. [11/14/19]—In association with World Diabetes Day, U.S. Senators Tina Smith (D-Minn.) and Kevin Cramer (R-N.D.) today introduced bipartisan legislation—along with Sens. Tammy Baldwin (D-Wis.), Dick Durbin (D-Ill.), Cindy Hyde-Smith (R-Miss.) and Roger Wicker (R-Miss.)—to create a national study to more fully understand the scope of the insulin affordability crisis in America. Earlier this year, Sens. Smith and Cramer introduced bold, bipartisan legislation to bring down the cost of insulin and hold manufactures accountable for excessive increases in the price of the life-sustaining medicine. Now, the senators and a bipartisan group of their Senate colleagues are working to expand the scope

Ahead of Veterans Day, U.S. Senator Tina Smith Introduces Bill to Help Veterans Get Care for Hearing Loss, Their Most Common Service-Related Health Issue

WASHINGTON, D.C. [11/07/19]—With Veterans Day around the corner, today U.S. Senator Tina Smith (D-Minn.) introduced legislation to reduce the red tape many veterans face when trying to get care for hearing loss as a result of their service—something many veterans say is an enormous burden despite being the most common service-connected ailment. Sen. Smith heard about this problem through her office’s veterans’ health care tour last year, which visited some 10 communities throughout Minnesota to hear what health challenges veterans face. You can access a summary of the bill here and text of the bill here. Currently, veterans receiving benefits through the VA must

U.S. Senator Tina Smith, 37 Colleagues Lead Push to Renew Lapsed Funding for Minority-Serving Colleges

WASHINGTON, D.C. [11/06/19]—U.S. Senator Tina Smith (D-Minn.) and 37 of her Senate colleagues are leading a push to pass funding for Historically Black Colleges and Universities, Tribal colleges, and other minority-serving institutions.  In a letter to Senate Majority Leader Mitch McConnell (R-Ky.) and Minority Leader Chuck Schumer (D-N.Y.), Sen. Smith, along with Sen. Amy Klobuchar (D-Minn.) and their colleagues, called for the immediate passage of the FUTURE Act, which would reauthorize $255 million in mandatory federal funding for these institutions, and expired on September 30, 2019. The House of Representatives approved the legislation unanimously in September. “Minnesota’s Tribal Colleges are important institutions and serve as key resources for Native American students, and minority-serving institutions of higher education serve nearly 6 million students nationwide,” said Sen.

Klobuchar, Smith Announce over $26 Million for Rural Electric Infrastructure Investments in Minnesota

WASHINGTON– U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that the U.S. Department of Agriculture (USDA) has awarded loan funding totaling over $26 million for rural electric infrastructure improvements across Minnesota.  “These investments will help our rural electric providers better serve Minnesotans by adding connections, energizing additional miles of transmission lines, and providing for more reliable electric infrastructure across the state,” Klobuchar said.“Projects like these not only boost the economy, but also help to modernize our electric grid and support essential services throughout our state.” “We need to strengthen rural Minnesota’s electric infrastructure because it’s vital to building a

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