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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. Senator Tina Smith, Democratic Senate Colleagues Call on President to Enhance and Protect Health of Americans, Urge Administration to Abandon Proposal to Weaken Protections Against Discrimination in Health Care

WASHINGTON, D.C. [08/14/19]—This week, U.S. Senator Tina Smith (D-Minn.) and 35 of her fellow Democratic Senate colleagues condemned a proposed rule that would weaken critical protections aimed to help address discrimination in health care. Sen. Smith believes the Trump Administration should instead focus on solutions like fulfilling promises to lower prescription drug prices and addressing health care costs. Sen. Smith and her Democratic Senate colleagues outlined several issues with the proposed rule, including how it could harm patients who already face barriers when seeking care by emboldening insurers and health care providers to discriminate against them, and called on the

U.S. Senator Smith, Representative Phillips Announce More Than $250k Grant for Critical Housing and Community Development in Eden Prairie

WASHINGTON, D.C. [08/28/19]—Today, U.S. Senator Tina Smith (D-Minn.) and Representative Dean Phillips (D-MN 3) announced that the U.S. Department of Housing and Urban Development (HUD) is investing more than $250,000 to Eden Prairie to develop affordable housing and economic opportunity for low- and moderate-income families. “Having a safe, stable, affordable place to live is what makes everything in our lives work. Without housing, it is nearly impossible to keep your job, go to school and stay healthy,” said Sen. Smith, a member of the Senate Housing Committee. “We need to make sure that Eden Prairie has enough housing to support families and economic development. This grant is one step we

U.S. Senator Tina Smith Announces More Than $3 Million in Grants for Critical Housing and Community Development in Duluth

WASHINGTON, D.C. [08/28/19]—Today, U.S. Senator Tina Smith (D-Minn.) announced that the U.S. Department of Housing and Urban Development (HUD) is investing more than $3 million in grants to Duluth to develop affordable housing for low- and moderate-income families, help people who are experiencing homelessness and create economic opportunity. “Having a safe, stable, affordable place to live is what makes everything in our lives work. Without housing, it is nearly impossible to keep your job, go to school and stay healthy,” said Sen. Smith, a member of the Senate Housing Committee. “There is no doubt that Duluth is facing an affordable housing crisis, and needs relief now. These grants are one

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

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