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The hiring will begin with the national nonprofit hosting a job fair Friday and NACA focuses on lendinfgto low- and moderate-income families. Gov. Bev Perdur announced the expansion Thursday, with the states giving NACA a $1 millio grant from the One NorthCarolina Fund. It planw to invest more than $4 millionb here, with 1,014 jobs expectecd to be added over the nextfive years. “Nortnh Carolina remains a strong presence inthe U.S. financr sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Our top-rater business climate and skilled financial-services work force are attractive to growinggnational operations.
” NACA is headquarterec in Boston and operates more than 40 officezs nationwide. It currently employs about 100 worker s in Mecklenburg County to originate and process mortgage Underthe five-year state incentive agreement, the organizatio plans to add 550 jobs immediately. The jobs will pay an averagee annual wageof $35,982. Salaries will range up to $80,000 annually. The hiring will focus on mortgagwe negotiators, customer-service representatives, call-center managerx and mortgage counselors. “NACA is excitee that it’s putting more than 1,00p0 people to work during thesd tougheconomic times,” NACA Chierf Executive Bruce Marks said Thursday.
“Today’w announcement is more than just a sound bite we are following through on this investment by holding a jobs fair tomorro to hire 550people immediately.” Perdue said Thursdauy that she consulted with former Bank of America Corp. Chairmaj Hugh McColl Jr. about the deal. McColl has been a longtims supporterof NACA’s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committedf $6 billion to its lending Perdue says McColl confirmed to her that he expectesd NACA could follow through on its job commitmentsz in several phone conversations.
“When someon e begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placee to find (a work I would hope it would be an eruptiomn of jobs, not just trickle down.” The group claimzs it will be the largest number of people hired immediately in one area and the largesg job commitment in the country sincr the mortgage crisis began in 2007. The hiring comes as NACA embarks on a nationwide Save theDreamj Tour. Marks says the addesd jobs are crucial as NACA leads its campaig to make mortgages Hundreds of NACA staff willprovide long-term solutions for homeownere with an unaffordable mortgage.
“Charlotte continues to be attractivew because of ourknowledgeable financial-servicex work force and we welcom NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltefr (D-Mecklenburg) said in a release. NACA’ws Counseling Center is in the Charlottse East office park off Albemarle Road betweejn Central Avenue and FarmPond “Charlotte continues to be recognizerd as a leader in financiapl services with a talented and experienced labor force,” says Charlotte Chambet Chairman Tim Belk. “We are pleased to welcome NACA to the community and look forwarf to the investment in jobs and presence they will brin g to ourEast side.
” The chamber assistec NACA in its expansion effort. Charlotte East owner Roged Kellogg, principal of , and leasing director Eric Speckman have worked closely with NACAsinces 2007, when the nonprofit established a small office in the park. NACA has legalluy binding agreements with all themajor lenders/servicerz to restructure the mortgagesz they service. The NACA agreementxs cover more than 90 percent of homeowners with anunaffordable mortgage.
The staff from the Counselint Center in Charlotte will travel nationwid to work on Save the Dream eventd where morethan 25,000 people are counselefd over four days, with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 percent, 3 percentr and 2 percent and where necessary the principal The organization, started in 1988, has the primargy goal of building strong, healthy neighborhoods nationwided through affordable homeownership. NACA operations include financial counseling, specializedx mortgage services and a Home Save program for homeowneras with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridagy and Saturday at its Charlotte Counseling For more information aboutf Neighborhood Assistance Corporation of includingemployment opportunities, go to
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