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
Minnesota Congressional Delegation Urges FEMA to Provide Additional Financial Assistance and Review Procedures that led to 2019 Spring Storm Damage Underestimation
WASHINGTON – This week, U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN), and Representatives Jim Hagedorn (R-MN-1), Angie Craig (D-MN-2), Dean Phillips (D-MN-3), Betty McCollum (D-MN-4), Ilhan Omar (D-MN-5), Tom Emmer (R-MN-6), Collin Peterson (D-MN-7), and Pete Stauber (R-MN-8) urged the Federal Emergency Management Agency (FEMA) to provide additional financial assistance to the state and undertake a full review of the procedures that it relied on in developing its estimate of the damages from severe weather and widespread flooding in the spring of 2019 in Minnesota. Historic snowfall, ice, and melting snow caused widespread flooding and significant infrastructure damage
U.S. Senator Tina Smith & 32 Colleagues Introduce Bill to Achieve Net-Zero Greenhouse Gas Emissions in the United States by 2050
WASHINGTON, D.C. [02/13/20]—U.S. Senator Tina Smith (D-Minn.) helped introduce legislation—the Clean Economy Act—that would make sure the U.S. takes bold action to address the climate crisis, boost American competitiveness, promote healthier communities and foster a growing economy that works for all. By providing clear direction from Congress, the Clean Economy Act would direct Federal agencies to use existing authorities to put our country on a pathway to achieve net-zero greenhouse gas emissions by no later than 2050 while fostering a stronger, fairer economy for all Americans. You can access video of Sen. Smith discussing this legislation here. “Our nation can either lead or follow when it
U.S. Senators Smith, Rounds, Fischer & Baldwin Host Bipartisan Rural Working Group Meeting in Washington
WASHINGTON, D.C. [02/13/20]—Today, U.S. Senators Tina Smith (D-Minn.), Mike Rounds (R-S.D.), Tammy Baldwin (D-Wis.), and Deb Fischer (R-Neb.)—leaders of the Bipartisan Senate Rural Working Group—hosted a kickoff event with rural leaders and stakeholders in Washington. The group, co-chaired by Sens. Smith and Rounds, seeks to connect people and organizations with ties to rural communities who want to help address the many unique challenges that often hit rural areas hard. The group also aims to identify successful ideas and partnerships to spur efforts to restore economic prosperity in rural communities across the country. “I’ve been to rural communities and Tribal areas across Minnesota,
U.S. Senator Tina Smith, Democratic Colleagues Call on Amazon to Address Continued Rise of Work-Related Injuries
WASHINGTON, D.C. [02/10/20]—Today, U.S. Senator Tina Smith (D-Minn.)—along with Sens. Sherrod Brown (D-Ohio), Bernie Sanders (D-Vt.) and Tammy Baldwin (D-Wis.) and several other senators—urged Amazon to take steps to put people ahead of profits amid troubling reports of workplace injuries. These reports—from fulfillment centers like the Shakopee Fulfillment Center in Minnesota—indicate work-related injuries at Amazonare higher than other private sector employees, and the warehouse industry as a whole. A recent Atlantic report dug deep into how Amazon’s strict quota requirements force employees to fulfill orders so quickly that they either put themselves at risk of getting an injury or losing their jobs. In a letter to Amazon CEO Jeff Bezos,
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