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Enhanced Community Development Awarded $65 Million in New Markets Tax Credits
NMTCNeuroOne Medical Technologies (NMTC) GlobeNewswire News Room·2024-10-02 20:15

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 65millionallocationfromtheNewMarketsTaxCredits(NMTC)programadministeredbytheU.S.TreasuryDepartmentsCommunityDevelopmentFinancialInstitutionsFund.Undertheprogram,theU.S.TreasuryDepartmentallocatedatotalof65 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 Entitie ...