Speaker proposes to amend language in Assembly Bill 32 to increase COIN tax credits from $2 million to $10 million.
The California Organized Investment Network (COIN) shall serve as a national model to provide leadership in increasing insurance industry investment in underserved and rural communities throughout California.
COIN will provide leadership in increasing the level of insurance industry capital in safe and sound investments providing fair returns to investors and social benefit to underserved communities.
Swans Market redevelopment project funded by insurer investments. Swans market created new jobs in low-to-moderate income neighborhoods, provided fresh foods market, and affordable low-income housing.