Latest Releases
U.S. Senator Tina Smith Presses Multi-Billion Dollar Corporation on Predatory Practices That Are Pricing Out Lake Elmo, Minnesota Residents
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN), Chair of the Senate Housing Subcommittee, sent a letter to the Chief Executive Officer of Equity LifeStyle Properties (ELP), an Illinois-based corporation, expressing deep concern over the company’s mistreatment of residents in Lake Elmo, Minnesota. Her letter comes following extensive reporting that residents of Cimarron Park, which is owned by ELP, are being priced out by egregious rent increases, dealing with hostile management and suffering under unfair rules that make selling or moving into a new home more difficult. “This corporation’s well-documented practices of hiking rents and making it more difficult to find other housing options only serves to boost shareholder profits while hanging Minnesotans out to dry,” said Senator Smith. “Residents have been pleading for help for nearly four years, and Equity LifeStyle Properties has failed to show they are even listening to concerns. I want them to meaningfully engage with residents instead of putting their shareholders ahead of hardworking Minnesotans.” Cimarron Park is home to roughly 500 Minnesota families. Their conflict with ELP was first reported by WCCO News in December 2020, when residents decried a rent increase at the beginning of the COVID-19 pandemic. Since that initial report, residents said the situation had only worsened, with the Minnesota Star Tribune reporting declining services and poor management earlier this year. Most recently, residents reported unfair rules that make selling or moving into a new home unnecessarily expensive, trapping households into a cycle of ever-increasing rent, now totaling a 30% increase over the last five years. Equity LifeStyle Properties owns roughly 72,0000 homes and operates
U.S. Senator Tina Smith Presses Multi-Billion Dollar Corporation on Predatory Practices That Are Pricing Out Lake Elmo, Minnesota Residents
MINNEAPOLIS, MN – Today, U.S. Senator Tina Smith (D-MN), Chair of the Senate Housing Subcommittee, sent a letter to the Chief Executive Officer of Equity LifeStyle Properties (ELP), an Illinois-based corporation, expressing deep concern over the company’s mistreatment of residents in Lake Elmo, Minnesota. Her letter comes following extensive reporting that residents of Cimarron Park, which is owned by ELP, are being priced out by egregious rent increases, dealing with hostile management and suffering under unfair rules that make selling or moving into a new home more difficult. “This corporation’s well-documented practices of hiking rents and making it more difficult to find other housing options only serves to boost shareholder profits while hanging Minnesotans out to dry,” said Senator Smith. “Residents have been pleading for help for nearly four years, and Equity LifeStyle Properties has failed to show they are even listening to concerns. I want them to meaningfully engage with residents instead of putting their shareholders ahead of hardworking Minnesotans.” Cimarron Park is home to roughly 500 Minnesota families. Their conflict with ELP was first reported by WCCO News in December 2020, when residents decried a rent increase at the beginning of the COVID-19 pandemic. Since that initial report, residents said the situation had only worsened, with the Minnesota Star Tribune reporting declining services and poor management earlier this year. Most recently, residents reported unfair rules that make selling or moving into a new home unnecessarily expensive, trapping households into a cycle of ever-increasing rent, now totaling a 30% increase over the last five years. Equity LifeStyle Properties owns roughly 72,0000 homes and operates
U.S. Senator Tina Smith Announces Senate Passage of Bipartisan Bill to Ensure Minnesotans Aren’t Forced to Pay Ex-Spouses’ Student Debt
WASHINGTON – U.S. Sen. Tina Smith (D-MN) announced that legislation she co-led to provide relief to individuals with consolidated loan debt with a spouse – including victims of domestic violence and financial abuse – has taken a major step towards becoming law. The billwould allow individuals to sever joint consolidation loans with a former spouse, which will provide long overdue financial freedom for vulnerable individuals who are being unfairly held responsible for the debt of a former partner. While Congress eliminated the program to allow spouses to consolidate their loans in 2006, it did not provide a mechanism for severing
Sen. Tina Smith’s Bipartisan Bill to Stop Unscrupulous Big Pharma Tactic, Lower Drug Prices for Minnesotans Takes Key Step Forward
WASHINGTON, D.C. [6.14.22] – Today, U.S. Senator Tina Smith’s (D-MN) legislation—the Expanding Access to Low Cost Generic Drugs Act—was included with bipartisan support in a major funding bill. The legislation takes aim at a Big Pharma tactic that keeps affordable generic drugs out of the hands of Minnesota families and seniors. “Since I came to the Senate, taking on big pharmaceutical companies and lowering prescription drug prices has been a top priority for me.” said Sen. Smith, a member of the Senate Health Committee. “That’s why the first bill I ever introduced addressed a loophole that big pharmaceutical companies exploit
Sens. Smith, Rounds Seek Input from Public on Rural Housing
WASHINGTON, D.C. – Today, U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD), Chair and Ranking Member of the Senate’s Housing, Transportation, and Community Development Subcommittee, issued a request for input from stakeholders on Rural Housing Service programs. Last month, the Subcommittee held a hearing to review the Rural Housing Service, with Under Secretary for Rural Development Xochitl Torres Small as the witness. The hearing was the first time a U.S. Department of Agriculture official had testified before the Senate Banking and Housing Committee in more than a decade. Smith and Rounds’ hearing focused on ways to improve the agency’s rural housing programs. The Senators
Sens. Smith, Marshall Introduce Bipartisan Legislation Reduce Delays in Bringing Safe Eye Drops, Sunscreen to Market
WASHINGTON, D.C. – U.S. Senators Tina Smith (D-MN) and Roger Marshall (R-KS) introduced bipartisan legislation to clarify the Food and Drug Administration’s (FDA) authority to regulate “combination products” – products that meet both the definition of drugs and devices. The bill would eliminate unnecessary confusion and turmoil in the industry and free up valuable time and resources within the FDA. “Our regulatory process around medical products should be clear and transparent,” said Senator Smith. “This bipartisan legislation would help clarify the FDA’s authority to regulate things like sunscreen, eye drops, and other ‘combination products’ so the agency can focus on important work