More Job Opportunities for Inner City Young Adults - Embrace Partners with Year Up

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Embrace Home Loans, a residential mortgage lender headquartered in RI and operating nationwide has partnered with Year Up Providence. Year Up is a one-year, intensive training program that provides low-income, at risk young adults ages 18-24 with a combination of professional and life skill development. Embrace kicked off the partnership with a fundraiser delivering a $2,500 check to the nonprofit.

Embrace Home Loans, a residential mortgage lender headquartered in RI and operating nationwide has partnered with Year Up Providence. Year Up is a one-year, intensive training program that provides low-income, at risk young adults ages 18-24 with a combination of professional and life skill development. Embrace kicked off the partnership with a fundraiser delivering a $2,500 check to the nonprofit. According to Embrace President Kurt Noyce, “Nearly every week Embrace Home Loans raises money for those in need through our dress down program. Whether it’s an employee’s family who is facing a life threatening illness or others in the community in need of food and shelter.”

“But the partnership with Year Up provides an opportunity for Embrace to donate more than just cash,” adds Bobby Gondola, Director of Development at Year Up. “For the first six months of the program, students develop technical and professional skills in the classroom. Students then apply those skills during the second six months on an internship with on of our corporate partners.” “The Year Up intern program is where Embrace can truly step up,” says Noyce. “The young adults who’ll be joining Embrace as interns remind us of the privilege we have to make a difference in others lives. These are lives that may have been filled with pain, with disappointment, with a lack of trust and sometimes, a lack of love. We’re going to give them the breaks that we all get, and we’re going to get a lot back in return.”

The first five Year Up interns will join Embrace in January and be mentored by four of the company’s Production Vice President’s - Cary Humphrey, Jeffery Cordeiro, Ken Pratt and Jared Maxwell - in addition to Embrace President Kurt Noyce. “There is a lot of excitement at Embrace about the program and Year Up in general,” according to Jeff Cordeiro, ”I have been thoroughly impressed and inspired by Year Up with their ability to reach out to young urban adults, provide them with a real educational opportunity and help them make themselves attractive to the business world.” Ken Pratt shares that excitement “To introduce these students to a corporate environment, and for them to learn and contribute - I believe the relationship will work both ways, as we will also learn from them.”

Maxwell, reflects on the challenges he’s faced. “I think of the difference that people have made in my own life. In losing a parent at a young age, I faced challenges that some never have to face. I also had a lot of people in my life who were able to lend support. There are many individuals facing challenges, the loss of a parent or parents, difficult living conditions, or negative outside influences, who don’t have the kind of support that I did. I can provide one of these young people with the kind of support I needed.” Maxwell adds, “At Embrace we always say it’s not who we are, but who we are becoming. This is a chance for me to grow personally as well.”

In addition to Embrace’s year-long commitment to support five Internships, the five leaders have also personally committed to become a Mentor to another Year Up student in the coming year. Each mentor will meet with their mentees one-on-one, once per month over the next 9 months providing additional coaching and support on professional development up to their graduation in August of next year.

ABOUT EMBRACE HOME LOANS®: Embrace Home Loans has been helping homeowners with their mortgage financing needs for over 29 years. Embrace, headquartered in Newport, RI, operates nationwide and helps tens of thousands of customers every year. Embrace is a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and is an issuer for Ginnie Mae. Embrace is a member of the Mortgage Bankers Association, is an Equal Housing Lender, and is an accredited member of the Better Business Bureau. To learn more about Embrace Home Loans, visit http://www.embracehomeloans.com

About Year Up Providence - Year Up's mission is to close the Opportunity Divide by providing urban young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. We achieve this mission through a high support, high expectation model that combines marketable job skills, stipends, internships and college credits. Our holistic approach focuses on students' professional and personal development to place these young adults on a viable path to economic self-sufficiency. For more information and learn how your business can become a partner, visit http://www.yearup.org
Media Contact:
Tim Coutis, Creative Director
(401) 846-3100 - Ext. 3485 tcoutis(at)embracehomeloans(dot)com

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Lindsay Forsaith

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