California Organized Investment Network, Department of Insurance

www.insurance.ca.gov/0250-insurers/0700-coin/index.cfm

The California Department of Insurance administers the California Organized Investment Network (COIN).  COIN serves as a liaison between insurers and community organizations, and provides a clearinghouse of community development investment information, including a listing of potential investment opportunities.

Community organizations seeking investment capital present prospective deals to COIN and appropriate prospective deals are published in the "COIN Investment Opportunity Bulletin," distributed to all insurers doing business in California. COIN also allocates tax credits for certain investments in Community Development Finance Institutions (CDFIs), that provide financial services to underserved communities, including assistance for microenterprise.