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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, Colleagues Fight to Strengthen Rights of Public Sector Workers to Join Unions, Bargain Collectively

WASHINGTON, D.C. [06/26/19]—Today, U.S. Senator Tina Smith (D-Minn.) and a number of her colleagues introduced bicameral legislation to protect the rights of nearly 17.3 million public workers to join a union and collectively bargain for fair wages, benefits, and improved working conditions. The Public Service Freedom to Negotiate Act of 2019 will guarantee the right of public employees to organize, act concertedly, and bargain collectively in states that currently do not afford these basic protections. “Hard-working Americans have a fundamental right to join together to fight for fair wages and better working conditions,” said Sen. Smith, a member of the Senate HELP Committee. “By protecting the rights of public

U.S. Senator Tina Smith Pushes Bipartisan Legislation to Help Schools Replace Outdated Kitchen Equipment that Prevents them From Serving Most Nutritious Meals

WASHINGTON, D.C. [6/25/19]— U.S. Senators Tina Smith (D-Minn.) and Susan Collins (R-Maine) introduced bipartisan legislation to help schools in Minnesota and across the country replace inefficient and outdated kitchen equipment that may prevent them from serving students the most nutritious meals possible.    The School Food Modernization Act would provide grants, loan guarantees and technical assistance to schools in need of replacing outdated equipment.   “Nutritious meals in schools don’t just keep kids from going hungry; they make it so students can focus and develop a love of learning,” said Senator Smith, a member of the Senate Education Committee. “Yet,

U.S. Senator Tina Smith Secures Bipartisan Support for Her Legislation to Ensure Millions of Americans with Diabetes Aren’t Forced Into Dangerous Practice of Rationing Insulin

WASHINGTON, D.C. [06/25/19]—Today, U.S. Senator Tina Smith’s (D-Minn.) legislation to hold insulin manufacturers accountable for excessive increases in the price of life-sustaining insulin—announced last week in Minneapolis and set to be introduced later this week in remembrance of Minnesotan Alec Smith—secured bipartisan support thanks to Senator Kevin Cramer (R-N.D.) cosponsoring the Emergency Access to Insulin Act. “Thank you to my colleague and neighbor Senator Cramer for supporting my legislation to provide Minnesotans and Americans with the insulin they need to survive, and to put us on a path to bring down the cost of insulin,” said Sen. Smith, a member

U.S. Senator Tina Smith Pushes Education Secretary DeVos to End Delays in Loan Forgiveness for Students who Attended Now-Defunct For-Profit Colleges

 WASHINGTON, D.C. [06/19/19]—U.S. Senator Tina Smith (D-Minn.) is calling on U.S. Education Secretary Betsy DeVos to quickly process the claims of thousands of defrauded students in Minnesota and across the country seeking to get their federal student loans discharged.  Thousands of pending discharge applications from students who attended now-defunct colleges – including more than 2,700 from Minnesota – have languished at the U.S. Department of Education for an average of 882 days.     Sen. Smith — along with Sens. Dick Durbin (D-IL), Patty Murray (D-WA), and 19 of their Democratic colleagues — wrote Wednesday to U.S. Education Secretary Betsy

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