Loan program to promote energy efficiency

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Gov. Timothy M. Kaine today announced the recapitalization of the Commonwealth’s Energy Leasing Program, a loan program to finance energy efficiency projects in state agencies. The Commonwealth has secured $40 million in financing for the projects, including $10 million in capital from Grant Capital Management, a state-certified SWAM vendor. The loans are expected to be…

1,200 more jobs to Fairfax with relocation

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Gov. Timothy M. Kaine today announced that technology and defense powerhouse Science Applications International Corporation (SAIC) is moving its corporate headquarters from San Diego to the company’s McLean campus in Fairfax County. The scientific, engineering, and technology applications company plans to invest $25 million as part of the relocation and is expected to create 1,200…

Forbes: Virginia remains ‘Best State for Business’

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Gov. Timothy M. Kaine today announced that Virginia will remain in first place as Forbes.com’s “Best State for Business.” It is the fourth consecutive year Virginia has been top ranked. The Commonwealth finished in the top 10 in three of the six categories examined in the review, which was published today. “With our low corporate…

‘Virginia is for Lovers’ slogan wins honor

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Gov. Timothy M. Kaine today celebrated the “Virginia is for Lovers” slogan’s induction into the National Advertising Walk of Fame this week. The honor coincides with the 40th anniversary of Virginia is for Lovers. Launched in 1969, Virginia is for Lovers is America’s longest-running state tourism slogan. “We’ve always felt that Virginia is for Lovers…

Virginia launches program to increase health-care access for small-business employees

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Gov. Timothy M. Kaine announced on Monday that Virginia has been awarded $912,658 by the U.S. Department of Health and Human Services through its new State Health Access Program (SHAP) to provide greater access to affordable health coverage for workers in Virginia’s small firms. The federal award will increase each year of the five-year grant…

State, Dominion partnering on electric-vehicle charging stations

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Gov. Timothy M. Kaine today announced as part of his Renew Virginia initiative a partnership with Dominion Virginia Power to install electric vehicle charging stations at certain state rest areas. These charging stations, installed at no cost to the state, are designed to accommodate most of today’s hybrid electric vehicles and use of the stations…

Public-private partnerships to fund green-energy projects at state agencies, universities

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Gov. Timothy M. Kaine announced today that the Commonwealth will move forward with almost $25 million of green energy projects for state agencies and universities through the Public-Private Educational Facilities Infrastructure Act (PPEA). Funding for the projects will come from the American Recovery and Reinvestment Act and some of the projects will result in renewable…

State school-construction funds go to Lexington middle-school project

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Gov. Timothy M. Kaine today announced the allocation of $71.6 million in Qualified School Construction Bonds for eight projects in seven Virginia localities. The no-interest bonds, established by the American Recovery and Reinvestment Act, are available to localities for K-12 school construction, renovation, and land acquisition for schools. Today’s announcement is the first allocation from…