Sen. Marco Rubio’s 11th-hour demand for a bigger child tax credit, along with other last-minute changes, makes clear that the U.S. tax bill is still far from a done deal. Given how razor-close the final vote will be, a single senator may have the power to force changes.

So as the bill comes out of the congressional conference committee, it’s not too late to highlight elements of the bill that can be fixed. One such vital tweak would protect funding mechanisms that have financed affordable housing and economic development, especially in low-income communities. The Kresge Foundation’s Kimberlee Cornett, in a three-minute video, breaks down four areas in which the House or Senate versions of the tax bill would do real damage.

I believe that trickle-down effect will be a significant loss of revenue at the federal level, and that shortfall will trickle down to states and localities that will not have additional resources to make up the shortfall,” says Cornett, managing director of Kresge’s Social Investment Practice.

Read the full article by David Bank about the tax bill impacts from ImpactAlpha