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Addressing Maine's Affordable Housing Shortage

Communities all across America are facing a serious affordable housing crisis, but we have some unique opportunities to tackle this crisis right here in Maine.
To encourage the redevelopment of older buildings into housing, I co-sponsored the bipartisan Historic Tax Credit Growth & Opportunity (HTC-GO) Act. This bill is a commonsense way to expand affordable housing availability by providing tax credits to people rehabbing and modernizing existing historical structures.
Let's say you own a historic Main Street store that you're planning to restore and renovate. The renovations are going to cost $3.5 million. Under the HTC-GO Act, you wouldn't have to rely solely on mortgage financing. Instead, you would become eligible for a federal tax credit that is 30% of the renovation cost — in this case, $1 million. If the property is renovated into affordable housing units, you would become eligible for even more tax credits under Maine state law.
Solving the affordable housing shortage will require a silver buckshot approach. But with creative solutions like this bill, we can combat the housing crisis, while supporting job creation and economic revitalization.
Learn more about this collaborative and bipartisan bill here.
Working Toward a More Sustainable Future

Acadia National Park is truly one of America's most extraordinary treasures. Every year, the Park brings millions from around the world to experience its awe-inspiring beauty and enjoy "The Way Life Should Be."
Earlier this month, I was excited to learn Acadia National Park will be receiving a $1 million grant from the Department of Energy (DOE), authorized through the Bipartisan Infrastructure Law, for the installation of rooftop solar panels and twelve electrical vehicle charging stations at the McFarland Hill headquarters campus in Bar Harbor. This funding will help to further drive Acadia's commitment to sustainability while also saving taxpayer dollars — it's a win-win for the environment and Maine people.
This month, the Senate Energy and Natural Resources (ENR) Committee also held its first hearing of the year. During the hearing, I made clear that we are not tackling the climate crisis with the urgency it demands. Sitting on the sidelines is not an option, and the longer we stall, the higher the costs to both the environment and the economy.
In this hearing, I highlighted the electric vehicle (EV) investments in the landmark Inflation Reduction Act. Since its enactment, more than $157 billion has been directed toward American EV and battery manufacturing — spurring growth in U.S. manufacturing and jobs, as well as bringing the supply chain home.
Maine is paving the way toward a sustainable energy future. I look forward to what lies ahead as we continue to be leaders in a greener, cleaner tomorrow.
Reducing U.S. Reliance on China

Critical minerals are essential to both America's national security, clean energy transition and our supply chain resiliency. These minerals — like lithium, nickel and cobalt — are used in military technologies and consumer goods. Ranging from smart phones to dishwashers to electric vehicle batteries, critical minerals touch the lives of every American. They also are vital to Department of Defense (DoD) operations and are crucial in the development of modern, high-precision military equipment.
Currently, however, the United States relies far too much on China for these critical minerals. The Critical Minerals Security Act, bipartisan legislation I introduced this month with Senator John Cornyn of Texas, would help us better understand these complex supply chains so we can secure the United States' access to critical minerals and counter Chinese dominance. Any continued reliance on China — and other bad actors — is downright dangerous, so, we must invest in our own rare earth minerals supply chain.
This bill seeks to make good on that promise by requiring the Department of the Interior to study and submit a report on all critical mineral and rare earth element resources around the world. It also would establish a process for assisting U.S. companies seeking to divest critical minerals from foreign countries and work to build jobs here at home.
Through this legislation, and partnerships with close allies, like Canada, we are one-step closer to securing access to critical minerals right here in North America.
You can get the scoop on this important bill here.
Happenings Around Town

Enjoying some homemade Maine blueberry bread with constituents visiting Washington, D.C.
Thank you to all who joined me during January for the first Capitol Coffees of 2024! The best way to start the morning is with a hot cup of coffee and homemade blueberry bread. Meeting Maine people from across the state is one of the best parts of my job, so, if you find yourself in D.C., I hope you will stop by and say hello.

Speaking with Bath Iron Works employees at the Surface Navy Association's Symposium
Maine people know better than anyone else that "Bath built is best built!" During the Surface Navy Association's 2024 Symposium, I had the opportunity to meet with some of the incredible folks from Bath Iron Works (BIW). Their hard work and dedication ensures our military is well equipped with world class vessels and cutting-edge technology.

Visiting the Arctic Museum at Bowdoin College in Brunswick
As Co-Chair of the Arctic Caucus, I was excited to visit the Peary-Macmillan Arctic Museum at Bowdoin College. Not only did I learn more about Bowdoin's Arctic Studies program, I gained a further appreciation for the culture and natural environment of the Arctic. This museum is the only one of its kind dedicated to Arctic studies in the continental U.S. and I'm proud its home is right here in Maine.
January Policy Update

As a reminder, you can read more on my regularly updated press release page at king.senate.gov. Here are some other priorities I’ve been working on
- Protecting Maine Small Businesses. I joined a group of my colleagues urging federal banking regulators to support new capital rules that would strengthen the financial system and protect American jobs, businesses and money. Strong capital rules allow banks to continue serving communities during difficult financial periods, providing an economic lifeline to households and businesses when they need it the most. Read more HERE.
- Advocating for Military Families to Receive Quality Reproductive Care. Alongside a bipartisan group of my colleagues, I joined legislation to ensure military families receive the same access to quality reproductive care as most Americans. Our servicemembers deserve the same line of care as civilians, regardless of where they are stationed due to their service. Read more HERE.
- Supporting Maine's Organic Dairy Market. I'm excited to announce the Department of Agriculture (USDA) kicked off the year by awarding the Maine Organic Farmers and Gardeners Association a federal grant worth over $65 million. As Maine's organic farmers face increasing challenges from changing markets, climate change and more, these federal dollars will help our farmers expand and protect their businesses. Read more HERE.
- Pushing for a Clean Power Grid Transition. After the recent bout of winter storms in Maine, it's clear we need a plan for grid resiliency. So, I joined dozens of my colleagues in both the Senate and House to urge the Federal Energy Regulatory Committee (FERC) to stress that improved and increased transmission is urgently needed for reliable, affordable and clean electricity. Read more HERE.
- Streamlining Federal Response After Back-to-Back Storms. Alongside Maine's Congressional Delegation, I wrote to the Federal Emergency Management Agency in support of Governor Mills' request to treat the January 10th and 13th storms as a single disaster event. This would create a more streamlined approach while also reducing administrative burdens and costs. Read more HERE.
- Making Paid Family Leave Permanent. I was proud to join my colleague from Nebraska, Senator Deb Fischer, to introduce a bipartisan bill to make paid family and medical leave permanent. No one should ever have to choose between caring for their families or receiving their next paycheck to put food on the table. This extension will be a lifeline to so many families across Maine and the country. Read more HERE.
- Reclassifying Emergency Dispatchers as First Responders. During the Lewiston mass shooting and through the last several major winter storms, Maine's emergency dispatchers have provided invaluable support and assistance. The Enhancing First Response Act would reclassify these men and women as first responders, giving them access to the resources and training they need to succeed. Read more HERE.
Hearing Highlights
This month, in a Senate Energy and Natural Resources (ENR) Committee hearing, I addressed Deputy Secretary of the Department of Energy, David Turk, about the significant impacts of climate change, making clear the tremendous costs to both the environment and the economy.
In a Senate Armed Services Committee (SASC) hearing, I questioned Dr. Aprille J. Ericsson, nominee for Assistant Secretary of Defense for Science and Technology, and Dr. Douglas C. Schmidt, nominee for Director of Operational Test and Evaluation, about the need for urgency in research and development of American hypersonic missile capabilities to deter adversaries like China and Russia.
In The News

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