Enhanced Community Development Awarded $65 Million in New Markets Tax Credits
P10, Inc. (PX)
Last p10, inc. earnings: 7/26 06:00 am
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Source: GlobeNewswire
NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced Enhanced Community Development, a part of P10 subsidiary Enhanced Capital Group LLC, was awarded a $65 million allocation from the New Markets Tax Credits (NMTC) program administered by the U.S. Treasury Department's Community Development Financial Institutions Fund. Under the program, the U.S. Treasury Department allocated a total of $5 billion to 104 Community Development Entities for the 2023 round. “Enhanced Community Development is continuing to meet the needs of underserved communities around the country,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “Enhanced Capital’s team brings a mission-driven focus to their investments, providing financing solutions that generate positive social outcomes in the lower-middle market. This federal NMTC allocation further strengthens their ability to create opportunities that have a lasting impact
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PX
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- 9/30/24 - Form 4
- 9/26/24 - Form 4
- 9/26/24 - Form 3
- PX's page on the SEC website