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. Sens. Smith, Durbin, King, Sinema Introduce Bill to Help Make College Textbooks More Affordable
WASHINGTON, D.C. [04/04/2019]—Today, U.S. Senators Tina Smith (D-Minn.), Dick Durbin (D-Ill.), Angus King (I-Maine), and Kyrsten Sinema (D-Ariz.), introduced legislation that aims to make high-quality textbooks easily accessible and free of charge to students, professors, researchers, and the public. The bill, known as the Affordable College Textbook Act, would make it possible for colleges to create and expand the use of open college textbooks—textbooks that are free and available online. Representative Joe Neguse (D-CO 2) introduced a companion bill in the House. According to The College Board, the average student budget for college books and supplies during the 2017 2018
U.S. Senator Tina Smith Leads Senate Colleagues in Calling on Secretary DeVos to Further Improve Program that Unfairly Forced Teachers to Pay Thousands of Dollars in Promised Aid
WASHINGTON, D.C. [04/02/19]—This week, U.S. Senator Tina Smith (D-Minn.) and her Senate colleagues—including fellow Minnesota Senator Amy Klobuchar (D-Minn.)—called on Education Secretary Betsy DeVos to take additional action for teachers who erroneously or unfairly had Teacher Education Assistance for College Higher Education (TEACH) grants converted to loans. In December of last year, the Education Department announced it would be instituting a process to help teachers who have been unfairly forced to repay thousands of dollars in aid. Sen. Smith said this was a good first step, but that more action is needed to improve the program. This week, as the
U.S. Senator Tina Smith, in Bipartisan Effort, Urges Trump Administration to Keep SNAP Benefits for Families
WASHINGTON D.C. [03/29/19] – Today, U.S. Senator Tina Smith (D-Minn.) raised concerns about a proposed rule to make harmful changes to the Supplemental Nutrition Assistance Program (SNAP)—which would affect some 1.1 million people across the country—and urged the Trump Administration to withdraw the proposal. In a bipartisan letter to Agriculture Secretary Sonny Perdue, Sen. Smith emphasized the administration’s proposal is in direct contradiction to Congressional intent and would hurt many families struggling to find stable employment. The letter was led by Sens. Debbie Stabenow (D-Mich.) and Lisa Murkowski (R-Alaska). “Congress recognizes that one-size-fits-all rules for SNAP and employment practices actually end up fitting
U.S. Senator Tina Smith Delivers Weekly Democratic Address
Washington, D.C. – As many Republicans in Congress refuse to accept the facts about climate change, Senator Tina Smith (D-MN)—a member of Senate Democrats’ new Special Committee on the Climate Crisis announced Wednesday—delivers this week’s Weekly Democratic Address. In the address, Smith begins by addressing recent news and underscoring the importance of releasing the entire Mueller report to the American people. Smith goes on to highlight the new Special Committee on the Climate Crisis, efforts underway to tackle the climate crisis, and outlines how America can either follow or lead on climate change. She closes by saying that Democrats think the
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