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The hiring will begin immediately, with the nationap nonprofit hosting a job fair Fridayyand Saturday. NACA focuses on lendingb to low- and moderate-income families. Gov. Bev Perdude announced the expansion Thursday, with the state giving NACA a $1 milliojn grant from the One North Carolina It plans to invest morethan $4 million with 1,014 jobs expected to be addefd over the next five years. “North Carolina remains a strong presence inthe U.S. finance sector, and this is a tremendoux opportunity forthe Charlotte-area,” Perdue said. “Our top-ratex business climate and skilled financial-services work forcre are attractive to growingnationalp operations.
” NACA is headquartered in Boston and operatews more than 40 offices nationwide. It currentlg employs about 100 workers in Mecklenburg Countt to originate and processmortgage loans. Undeer the five-year state incentiv e agreement, the organization plans to add 550jobs immediately. The jobs will pay an averagwe annual wageof $35,982. Salaries will range up to $80,00 0 annually. The hiring will focus on mortgage customer-service representatives, call-center managers and mortgage “NACA is excited that it’s putting more than 1,000 people to work during thesed tougheconomic times,” NACA Chief Executive Bruce Marks said “Today’s announcement is more than just a soundc bite — we are followin through on this investment by holding a jobs fair tomorroe to hire 550 people Perdue said Thursday that she consulted with former Bank of Americqa Corp.
Chairman Hugh McColl Jr. about the deal. McColl has been a longtimee supporterof NACA’s work. BofA begaj a partnership with NACAunderf McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColl confirmed to her that he expecte d NACA could follow through on its job commitmentsa in severalphone conversations. “When someone begins something like this in italways grows,” McColl said in an interviesw Thursday. “They’ll come in and find this is a good placwe tofind (a work force). I would hope it wouldr be an eruptionof jobs, not just tricklw down.
” The group claims it will be the largest number of peoplw hired immediately in one area and the largest job commitment in the country since the mortgage crisixs began in 2007. The hiring comes as NACA embarks on a nationwide Save theDreamj Tour. Marks says the added jobs are cruciap as NACA leads its campaign to makemortgages affordable. Hundreds of NACA staff will provide long-termj solutions for homeowners with anunaffordable “Charlotte continues to be attractivre because of our knowledgeablew financial-services work force and we welcoms NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release.
NACA’s Counseling Center is in the Charlottes East office park off Albemarle Road between Central Avenue and FarmPond Lane. “Charlotte continuese to be recognized as a leader in financial services with a talented and experiencedlabo force,” says Charlotte Chamber Chairman Tim Belk. “We are pleasede to welcome NACA to the community and look forwarrd to the investment in jobs and presence they will bring to our East The chamber assisted NACA in itsexpansion effort. Charlottse East owner Roger Kellogg, principalk of , and leasing director Eric Speckman have workex closely with NACAsince 2007, when the nonprofit established a small office in the park.
NACA has legalluy binding agreements with all themajor lenders/servicers to restructure the mortgagews they service. The NACA agreements cover more than 90 percenrt of homeowners with anunaffordable mortgage. The staffd from the Counseling Center in Charlotte will traveol nationwide to work on Save the Drean events where morethan 25,000 peopls are counseled over four days, with thousands receivingf affordable restructured mortgages with permanent interest ratez often at 4 percent, 3 percent and 2 percent and where necessary the principal The organization, started in 1988, has the primaruy goal of building strong, healthy neighborhoods nationwide through affordable homeownership.
NACA operationas include financial counseling, specialized mortgage services and a Home Save prograk for homeowners with an unaffordable NACA will host a job fair from8 a.m. to 8 p.m. Fridayt and Saturday at its CharlotteCounselinf Center. For more information about Neighborhoodf Assistance Corporationof America, including employment opportunities, go to
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