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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. Senators Tina Smith, Jeff Merkley Introduce Bill to Lower Americans’ Energy Bills, Create Jobs, Reduce Carbon Pollution

WASHINGTON, D.C. [09/05/2019]—This week, U.S. Senators Tina Smith (D-Minn.) and Jeff Merkley (D-Ore.)—along with Sens. Kamala Harris (D-Calif.) and Bernie Sanders (I-Vt.)—introduced legislation that would help families lower monthly energy bills, reduce wasted energy and carbon pollution, and create good-paying jobs. The Community Energy Savings Program Act of 2019 (CESP) would provide low-interest financing to consumers who want to make energy efficient upgrades to their homes. These upgrades are good for public health and the environment, and would help create good-paying jobs across America through the manufacturing and installation of materials used in the projects. “Our country can lead or we can

U.S. Sens. Klobuchar, Smith Announce Minnesota Ag Producers Can Now Sign Up for Crop Safety Net Programs

WASHINGTON, D.C. [09/6/19]–U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.) announced today that enrollment for two popular USDA safety net programs for the 2019 crop year opened this week. The programs provide Minnesota ag producers with financial support when crop revenue and commodity prices fall below certain levels. Funding is available through the USDA’s Farm Service Agency. “Our farmers are a key part of our agriculture community and agriculture economy, and they are in great need of stability. As the backbone of our economy, farmers throughout Minnesota and across the country deserve our support during periods of uncertainty like we are experiencing now. With the Agriculture Risk

Klobuchar, Smith, Stauber Announce Over $10 Million for Infrastructure Improvements in St. Louis County

WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), along with Representative Pete Stauber (R-MN-08), announced that the U.S. Department of Transportation (DOT) has awarded the Competitive Highway Bridge Program (CHBP) a grant of $10,252,000 for infrastructure improvements. “When we invest in our infrastructure, we invest in opportunity for every American. Critical investments in our infrastructure serve as a down payment on the long-term economic well-being of our state and country,” Klobuchar said. “By investing in our bridges and roads in St. Louis County, we are making an important investment in the economy of the region and enhancing public safety.”  “We

U.S. Senator Tina Smith, Democratic Colleagues Fight for Nation’s Registered Apprenticeship Program

WASHINGTON, D.C. [08/27/19]—U.S. Senator Tina Smith (D-Minn.) and 45 of her Senate colleagues are calling on Acting Labor Department Secretary Patrick Pizzella to oppose the Department’s recent proposal that would undermine the highly-effective and widely-supported registered apprenticeship program. The proposed rule would create duplicative, unnecessary, and lower-quality “industry-recognized apprenticeship programs” (IRAPs), which would not provide the same crucial benefits and protections as long-established registered apprenticeships. The Department has also proposed the establishment of new entities to oversee the IRAPs, potentially allowing these programs to evade accountability, even to apprentices themselves. “Rather than invest federal taxpayer dollars in a duplicative, less

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