NACA to add more than 1,000 jobs in Charlotte - St. Louis Business Journal:

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The hiring will begin immediately, with the national nonprofitr hosting a job fair Friday and NACA focuses on lendingto low- and moderate-incomes families. Gov. Bev Perdue announcec the expansion Thursday, with the state givinhg NACA a $1 million granft from the One NorthCarolina Fund. It plans to investf more than $4 milliom here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presencew in the U.S.
finance sector, and this is a tremendouas opportunity forthe Charlotte-area,” Perdue “Our top-rated business climate and skilled financial-servicee work force are attractive to growing national NACA is headquartered in Bosto and operates more than 40 officeds nationwide. It currently employs abour 100 workers in Mecklenburg County to originate and procesxmortgage loans. Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annuall wageof $35,982. Salaries will range up to $80,000 The hiring will focus on mortgage customer-service representatives, call-center managers and mortgag e counselors.
“NACA is excited that it’s putting more than 1,000 peoplr to work during these tough economic NACA Chief Executive Bruce Markssaid “Today’s announcement is more than just a souned bite — we are followingg through on this investment by holding a jobs fair tomorroew to hire 550 people immediately.” Perdue said Thursday that she consulted with former Bank of America Corp. Chairman Hugh McColl Jr. about the McColl has been a longtimwe supporterof NACA’s work. BofA began a partnership with NACAunder McColl’d watch in 1995 and in 2004 committed $6 billionh to its lending program.
Perduse says McColl confirmed to her that he expected NACA could follow throug on its job commitments in severaplphone conversations. “When someone beginsz something like this in italways grows,” McColl said in an intervieqw Thursday. “They’ll come in and find this is a good placw tofind (a work force). I would hope it woulsd be an eruption of not justtrickle down.” The grou claims it will be the largest number of peopld hired immediately in one area and the largest job commitment in the country sincre the mortgage crisis began in 2007. The hirinbg comes as NACA embarks on a nationwides Save theDream Tour.
Marksx says the added jobs are crucia as NACA leads its campaign to makemortgagesd affordable. Hundreds of NACA staff will provide long-terjm solutions for homeowners with anunaffordable “Charlotte continues to be attractiver because of our knowledgeable financial-servicews work force and we welcome NACA’ws investment in North Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlotte East officew park off Albemarle Road between Centrak Avenue and FarmPond Lane.
“Charlottee continues to be recognized as a leader in financial services with a talente d and experiencedlabor force,” says Charlottre Chamber Chairman Tim Belk. “Wre are pleased to welcome NACA to the community and look forwardr to the investment in jobs and presence they will bring to our East The chamber assisted NACA in itsexpansion effort. Charlottwe East owner Roger Kellogg, principal of , and leasing directotr Eric Speckman have worked closely with NACA since when the nonprofit established a small offices inthe park. NACA has legally binding agreements with all themajor lenders/servicers to restructure the mortgageds they service.
The NACA agreements cover more than 90 perceny of homeowners with an unaffordable The staff from the Counseling Centefr in Charlotte will travel nationwide to work on Save the Dreamm events where morethan 25,000 peoplde are counseled over four with thousands receiving affordablde restructured mortgages with permanent interest ratea often at 4 3 percent and 2 percent and where necessarhy the principal reduced. The organization, started in 1988, has the primaryy goal of building strong, healthyh neighborhoods nationwide throughaffordable homeownership.
NACA operations include financiapl counseling, specialized mortgage services and a Home Save program for homeownerzs with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridah and Saturday at its CharlotteCounseling Center. For more informatioh about Neighborhood Assistance Corporationof America, including employment go to www.naca.com.