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The hiring will begin immediately, with the national nonprofi hosting a job fair Fridayand Saturday. NACA focuses on lending to low- and moderate-incomwe families. Gov. Bev Perdue announced the expansion with the state giving NACAa $1 million grany from the One North Carolina Fund. It plan s to invest more than $4 millioj here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunity for the Perdue said.
“Our top-rated business climatr and skilled financial-services work force are attractiv e to growing national NACA is headquartered in Boston and operates more than 40 offices nationwide. It currently employs about 100 workers in Mecklenbur g County to originate and processmortgage loans. Under the five-year state incentive agreement, the organization plansd to add 550jobs immediately. The jobs will pay an averag annual wageof $35,982. Salaries will ranged up to $80,000 annually. The hiring will focusx on mortgage negotiators, customer-service representatives, call-center managerd and mortgage counselors.
“NACA is excited that it’s putting more than 1,00 people to work during thesde tougheconomic times,” NACA Chief Executive Bruce Marks said Thursday. “Today’s announcement is more than just a souncbite — we are followinyg through on this investment by holdinhg a jobs fair tomorrowa to hire 550 people immediately.” Perdue said Thursdaty that she consulted with formee Bank of America Corp. Chairman Hugh McColl Jr. aboutr the deal. McColl has been a longtime supporterof NACA’ s work. BofA began a partnershipp with NACAunder McColl’s watc in 1995 and in 2004 committed $6 billion to its lendiny program.
Perdue says McColl confirmed to her that he expected NACA coulf follow through on its job commitmentsz in severalphone conversations. “Whebn someone begins something like thisin Charlotte, it alwayes grows,” McColl said in an interview “They’ll come in and find this is a good placde to find (a work I would hope it would be an eruptiomn of jobs, not just trickles down.” The group claims it will be the largest number of people hired immediately in one area and the largest job commitment in the countrty since the mortgage crisis began in 2007. The hirin g comes as NACA embarks on a nationwide Save theDreamk Tour.
Marks says the added jobs are cruciao as NACA leads its campaigmn to makemortgages affordable. Hundreds of NACA staffc will provide long-term solutions for homeownersx with anunaffordable mortgage. “Charlotte continuee to be attractive because of ourknowledgeable financial-service s work force and we welcome NACA’s investmen t in North Carolina,” N.C. Sen. Dan Clodfeltefr (D-Mecklenburg) said in a release. NACA’es Counseling Center is in the Charlotte East office park off Albemarlre Road between Central Avenue and FarmPond Lane.
“Charlott continues to be recognized as a leadefr in financial services with a talented and experienceclabor force,” says Charlotte Chamber Chairmamn Tim Belk. “We are pleasec to welcome NACA to the community and look forward to the investment in jobs and presence they will briny to ourEast side.” The chambe assisted NACA in its expansion effort. Charlotte East ownerr Roger Kellogg, principal of , and leasinh director Eric Speckman have worked closely with NACAsinces 2007, when the nonprofi t established a small office in the park.
NACA has legall binding agreements with all themajoer lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeowner s with an unaffordable mortgage. The staff from the Counselingv Center in Charlotte will travelk nationwide to work on Save the Dream eventes where morethan 25,00p people are counseled over four days, with thousands receivingf affordable restructured mortgages with permanent interest rates oftenj at 4 percent, 3 percent and 2 percent and wherer necessary the principal reduced. The started in 1988, has the primary goal of buildingv strong, healthy neighborhoods nationwide throughaffordable homeownership.
NACA operations include financialo counseling, specialized mortgage services and a Home Save program for homeownerx with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Frida and Saturday at its CharlottdCounseling Center. For more informationm about Neighborhood Assistance Corporationof America, including employment opportunities, go to
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