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 Secures Key Priorities, Helps Preserve Minnesota Transportation Funding in Senate-Passed Bipartisan Appropriations Bill
WASHINGTON, D.C. [11/01/2019]—U.S. Senator Tina Smith (D-Minn.) successfully fought to secure a number of her priorities in the bipartisan package of spending bills passed by the Senate this week, including efforts to support beginning, socially disadvantaged and veteran farmers, Native health, the health of the Great Lakes and two rural housing amendments authored by Sen. Smith. “Part of my work to make sure Minnesotans’ voices are heard in Washington is working to put real dollars behind our priorities, and that’s what I pushed to do in the appropriations bills we passed in the Senate,” said Sen. Smith. “I fought for transportation, rural
U.S. Senator Tina Smith Wants to Help Bring Mental Health Resources and Awareness to Farmers and Producers, Rural Communities
WASHINGTON, D.C. [10/31/19]—Today, U.S. Senator Tina Smith (D-Minn.) joined legislation that would direct the U.S. Department of Agriculture (USDA) to make sure Farm Service Agency (FSA), Risk Management Agency (RMA), and National Resources Conservation Service (NRCS) Employees—people who work with farmers each and every day—prioritize the need to destigmatize mental health care in rural communities, and collaborate to determine best practices to respond to, and help, farmers and producers facing mental stress. The Seeding Rural Resilience Act—introduced by Sen. Smith’s Democratic colleague and working farmer Sen. Jon Tester (D-Mont.)—aims to curb the alarming rate of suicides in rural America. “Minnesota farmers
Klobuchar and Smith Announce Establishment of Domestic Hemp Production Program
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) – both members of the Senate Agriculture Committee – announced the establishment of a domestic hemp production program. The program, as required by the 2018 Farm Bill, creates a consistent regulatory framework for hemp production across the United States. Hemp pilot projects under the 2014 farm bill will continue until the new regulations go into effect for the 2020 planting season. The Domestic Hemp Production Program will help expand production and sales of domestic hemp, benefitting both U.S. producers and consumers. “A consistent regulatory framework for domestic hemp production will help
Bill to Help Prevent Drug Shortages Introduced by Senators Collins, Smith
Washington, D.C.—U.S. Senator Susan Collins (R-ME), the Chairman of the Aging Committee, and Senator Tina Smith (D-MN) introduced the Mitigating Emergency Drug Shortages (MEDS) Act, legislation that would help increase the supplies of vital drugs needed to treat or prevent a wide variety of diseases, illnesses, and conditions. Drug shortages can have severe health consequences for patients by delaying or even cancelling procedures until medication becomes available. They also add $230 million a year to U.S. drug costs and $216 million a year in increased labor costs since medical professionals must spend time identifying an alternative source of medication. “I often
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