Latest Releases
U.S. Senators Amy Klobuchar, Tina Smith Celebrate Award to Repair Flood Damage from Rapidan Dam Failure
ST. PAUL, MINNESOTA – U.S. Senators Amy Klobuchar and Tina Smith (both D-MN) announced a grant for Southeastern Minnesota to survey and repair damage done by severe storms in May 2024, which caused flooding and damage to road infrastructure in 42 counties. One notable example is the Rapidan Dam, a well-known and well-traveled-to location which was severely damaged and made the nearby bridge on County Road 9 unsafe for travelers. “The floods of May 2024 took a heavy toll on southeastern and south-central Minnesota and when natural disasters hit we need to work together to rebuild,” said Klobuchar. “This funding will allow us to repair and rebuild our roads and infrastructure, making them safer and more resilient–a critical step for our businesses and our communities to fully recover.” “Minnesotans deserve to drive on safe, reliable roads,” said Senator Smith. “As a result of the flooding last summer, that’s not the reality for some residents in the southeastern and south-central part of our state. I’m fighting to secure the funding needed from the federal government to help us recover and make travel safe and accessible.” The grant comes from the Federal Highway Administration’s Emergency Relief Program, which helps communities repair roads damaged by natural disasters. In December 2024, Senators Klobuchar and Smith supported emergency supplemental funding for this program to address the backlog of roads in need of repair, including this one in Minnesota. The grant totals $5,000,000. ###
Senators Smith, Rounds Reintroduce Bipartisan Bill to Spur Economic Development in Underserved Communities
WASHINGTON – U.S. Senators Tina Smith (D-MN) and Mike Rounds (R-SD) reintroduced bipartisan legislation to jumpstart economic development and address disparities in access to capital. The bill would strengthen and expand Community Development Financial Institutions (CDFI), which play a critical role in bringing capital and financial services to a wide range of small businesses, homeowners and housing developers. Their legislation—the CDFI Bond Guarantee Program Improvement Act will extend authorization of the CDFI Bond Guarantee Program, while making it more reliable and accessible to smaller CDFIs. This legislation will expand and improve a successful program that operates at no cost to taxpayer and allows CDFIs to access long-term, stable funding. The CDFI Bond Guarantee Program was established in 2010 to provide long-term, low-cost capital to CDFIs, which use the funding for economic development activities in underserved communities. The program’s authorization lapsed in 2014, but it has been extended on a year-by-year basis in annual appropriations bills. Under current program rules, borrowers must have a loan size of at least $100 million – which means that the program can only be used for relatively large projects. “Unequal access to capital and financial services is a key driver of economic disparity around Minnesota,” said Sen. Smith. “This legislation will jumpstart economic development in these communities by expanding and enhancing a program with a track record of effective capital investment and community development.” “Since 2010, the Community Development Financial Institutions (CDFI) Bond Guarantee Program has extended long-term, low-cost capital to underserved communities across America,” said Sen. Crapo. “By reducing the minimum dollar amount for each loan,
U.S. Senator Tina Smith Celebrates U.S. Trade Mission to Colombia
WASHINGTON, D.C. – U.S. Senator Tina Smith (D-MN) celebrated Lamex Food, Inc.’s participation in a trade mission to Bogota, Colombia, led by the United States Department of Agriculture (USDA) to expand foreign market access for American agricultural products. The Bloomington, MN based food group is one of 23 businesses and organizations who joined the trip from August 13-15 with USDA Under Secretary Alexis M. Taylor to discuss policy and business partnerships that will boost American agricultural exports to Colombia. “Agricultural exports support farming in Minnesota and provide economic benefits to the state,” said Sen. Smith.“This trade mission is a great opportunity to expand market access
U.S. Senators Amy Klobuchar, Tina Smith Announce Funding to Help Grow Global Export Markets for Minnesota Producers
MINNEAPOLIS – U.S. Senators Amy Klobuchar and Tina Smith (both D-MN) announced funding from the Regional Agricultural Promotion Program (RAPP) to help grow export markets for American farm and food products around the world. The additional $300 million investment will go to organizations across the U.S. to implement market development projects focusing on a wide range of products and agricultural markets. “Boosting America’s agricultural exports is great for Minnesota farmers and rural economies,” said Klobuchar. “This funding will help farmers enter the global export market and maintain America’s leadership in agricultural exports.” “Minnesota has long been a linchpin in America’s agricultural market, and
U.S. Senator Tina Smith Urges Justice Department to Address the Use of AI in Wrongful Evictions
MINNEAPOLIS, MN – U.S. Senator Tina Smith (D-Minn.), Chair of the Senate Housing Subcommittee, sent a letter to the Department of Justice urging them to address the use of artificial intelligence (AI) in eviction filings. The letter comes on the heels of a Minnesota lawsuit against a firm whose automated eviction filing system may have violated federal law by enabling them to file thousands of complaints without adequate investigation or accuracy controls, leading to wrongful evictions. Automated tools also allow corporate landlords to file serial evictions as a means of collecting rent, placing significant legal burdens on renters. Minnesota renters have
U.S. Senators Amy Klobuchar, Tina Smith Announce Significant Biofuel and Clean Energy Expansion Projects Across Minnesota
INVER GROVE HEIGHTS, MN – Today, U.S. Senators Amy Klobuchar and Tina Smith (both D-MN), announced 71 farms and small businesses across Minnesota will receive federal funding to install clean energy technology and make energy efficiency improvements, in addition to 15 awards to build out the infrastructure businesses need to make domestic biofuels more accessible. These investments will lower Minnesota’s carbon emissions while saving consumers money on energy and gas. “Domestically produced biofuel and renewable power systems strengthen our energy independence, support our farmers, and boost rural economies,” said Senator Klobuchar. “These federal funds will also help families and businesses transition to