NACA to add more than 1,000 jobs in Charlotte - Jacksonville Business Journal:

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The hiring will begih immediately, with the nationalk nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion with the state giving NACAa $1 milliomn grant from the One North Carolina It plans to investf more than $4 million with 1,014 jobs expected to be adde over the next five years. “North Carolina remains a strongh presence inthe U.S.
finance sector, and this is a tremendou s opportunity forthe Charlotte-area,” Perdue “Our top-rated business climate and skilled financial-servicesd work force are attractive to growing national NACA is headquartered in Bostonj and operates more than 40 offices nationwide. It currently employs about 100 workeras in Mecklenburg County to originate and processmortgagew loans. Under the five-year state incentivde agreement, the organization plans to add 550 jobs The jobs will pay an averager annual wageof $35,982. Salariex will range up to $80,000 annually. The hirin g will focus on mortgage negotiators, customer-service call-center managers and mortgagew counselors.
“NACA is excitesd that it’s putting more than 1,000o people to work during these toughgeconomic times,” NACA Chief Executivwe Bruce Marks said Thursday. “Today’s announcement is more than just a sounbite — we are following throughb on this investment by holding a jobs fair tomorrow to hire 550 peopld immediately.” Perdue said Thursday that she consulted with formet Bank of America Corp. Chairma Hugh McColl Jr. about the deal. McColl has been a longtime supporterof NACA’s work. BofA began a partnershi p with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billiom to its lending program.
Perdue says McCollp confirmed to her that he expected NACA coul d follow through on its job commitments in severalphone “When someone begins something like this in Charlotte, it alwayz grows,” McColl said in an interview “They’ll come in and find this is a good place to find (a work I would hope it would be an eruptio of jobs, not just trickles down.” The group claims it will be the largesrt number of people hiredx immediately in one area and the largest job commitmentt in the country since the mortgage crisids began in 2007.
The hiring comes as NACA embarkas on a nationwide Save the Dream Marks says the added jobs are cruciaol as NACA leads its campaign to makemortgages affordable. Hundreds of NACA stafgf will provide long-term solutions for homeowners with anunaffordable mortgage. “Charlotte continues to be attractive because of ourknowledgeable financial-servicezs work force and we welcome NACA’s investment in Nort Carolina,” N.C. Sen. Dan Clodfelter said in a release.
NACA’s Counseling Center is in the Charlotte East officd park off Albemarle Road between Centrall Avenue and FarmPond “Charlotte continues to be recognized as a leader in financiao services with a talented and experienced labor force,” says Charlotts Chamber Chairman Tim Belk. “We are pleased to welcome NACA to the communityu and look forward to the investmenft in jobs and presencwe they will bring to our East The chamber assisted NACA in itsexpansion effort.
Charlottd East owner Roger Kellogg, principakl of , and leasing director Eric Speckmamn have worked closely with NACAsince 2007, when the nonprofir established a small office in the NACA has legally binding agreements with all the majore lenders/servicers to restructure the mortgages they service. The NACA agreements cover more than 90 percent of homeownersx with anunaffordable mortgage. The staffd from the Counseling Center in Charlotte will travell nationwide to work on Save the Dreamm events where morethan 25,000 peoplse are counseled over four days, with thousands receiving affordablde restructured mortgages with permanent interest rates often at 4 3 percent and 2 percenrt and where necessary the principak reduced.
The organization, started in has the primary goal of building healthy neighborhoods nationwide through affordable NACA operations include financial specialized mortgage services and a Home Save progra for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridah and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.