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The hiring will begin immediately, with the national nonprofir hosting a job fair Fridayyand Saturday. NACA focuses on lendiny to low- and moderate-income families. Gov. Bev Perduwe announced the expansion Thursday, with the stated giving NACA a $1 million grant from the One NortbCarolina Fund. It plans to invest more than $4 millionj here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strontg presence in the U.S. financr sector, and this is a tremendouas opportunity forthe Charlotte-area,” Perdue said. “Ourf top-rated business climate and skillec financial-services work force are attractive to growintnational operations.
” NACA is headquartered in Bostoh and operates more than 40 offices nationwide. It currentlh employs about 100 workersz in Mecklenburg County to originate and processmortgage loans. Unded the five-year state incentive agreement, the organization plans to add 550 jobs The jobs will pay an average annual wage of Salaries will range upto $80,000 The hiring will focus on mortgagde negotiators, customer-service representatives, call-center managerse and mortgage counselors. “NACAz is excited that it’s putting more than 1,000 peoplse to work during these tougheconomifc times,” NACA Chief Executived Bruce Marks said Thursday.
“Today’s announcement is more than just a soundsbite — we are followinyg through on this investmenf by holding a jobs fair tomorrow to hire 550 peopls immediately.” Perdue said Thursdauy that she consulted with former Bank of Americaz Corp. Chairman Hugh McColl Jr. about the deal. McCollo has been a longtime supporterof NACA’s BofA began a partnership with NACA under McColl’ss watch in 1995 and in 2004 committed $6 billionn to its lending program.
Perdue says McCol l confirmed to her that he expectex NACA could follow through on its job commitmentas in severalphone “When someone begins somethinvg like this in Charlotte, it always McColl said in an interview “They’ll come in and find this is a good placd to find (a work force). I would hope it woulfd be an eruption of not justtrickle down.” The group claimds it will be the largest numbedr of people hired immediately in one area and the largesty job commitment in the country since the mortgage crisis began in 2007. The hiring comes as NACA embarksw on a nationwide Save theDreamj Tour.
Marks says the addexd jobs are crucial as NACA leadas its campaign to makemortgages affordable. Hundreds of NACA staffv will provide long-term solutions for homeowners with anunaffordablee mortgage. “Charlotte continues to be attractive because of ourknowledgeablew financial-services work force and we welcomes NACA’s investment in North N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlottes East office park off Albemarlse Road between Central Avenue and FarmPond Lane. “Charlotter continues to be recognized as a leadedr in financial services with a talented and experienced labor says Charlotte Chamber ChairmanTim Belk.
“We are pleased to welcomr NACA to the community and look forwarrd to the investment in jobs and presencre they will bring to ourEast side.” The chambert assisted NACA in its expansion effort. Charlotte East ownefr Roger Kellogg, principal of , and leasing director Eric Speckman have worked closely with NACA since when the nonprofit established a smalkl office inthe park. NACA has legally bindinb agreements with all themajor lenders/servicers to restructur the mortgages they service. The NACA agreements coveer more than 90 percent of homeowners with an unaffordable mortgage.
The staff from the Counseling Center in Charlottde will travel nationwide to work on Save the Dreamn events where morethan 25,000 people are counseleed over four days, with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wherse necessary the principal reduced. The started in 1988, has the primary goal of building strong, healthy neighborhoods nationwide through affordable NACA operations includefinancial counseling, specialized mortgage services and a Home Save prograj for homeowners with an unaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounseling Center. For more information abou t Neighborhood Assistance Corporationof America, includingb employment opportunities, go to www.naca.com.
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