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NAHB Honors David Reznick for Committment to Affordable Housing

WASHINGTON, D.C. – May 26, 2011 – (RealEstateRama) — The National Association of Home Builders (NAHB) named David Reznick, co-founder and chairman of the board of Reznick Group, P.C., the 2011 recipient of the Daniel M. Grady Memorial Award, in recognition of his more than 30 years of contributions and dedication to the cause of affordable housing.The Dan Grady Award is presented annually to an NAHB member who best embodies the spirit and dedication of its namesake to quality affordable housing, and whose advocacy work with the association has made a difference to the housing industry. Reznick received the award during the association’s spring Board of Directors meeting last week.

“For more than 30 years, David Reznick has demonstrated his commitment to providing quality affordable housing through working with developers, Federal Agencies and Congress to promote ideas and practices that boost and preserve the nation’s affordable housing stock,” said NAHB Chairman Bob Nielsen, a builder from Reno, Nev. when presenting the award. “It is my pleasure to present this award to David Reznick for his leadership and great commitment to affordable housing and to our association.”

As founder of the Bethesda, Md. based Reznick Group, P.C., he has led the firm’s growth from one office to a top 20 CPA firm with offices throughout the country. Over the span of his career, Reznick has provided direct services to a range of real estate clients, including developers, syndicators, and lending institutions. He is considered a trusted advisor on real estate policy issues and testified before the House of Representatives providing recommendations for how to restructure the Section 8 portfolio of FHA insured mortgages. He has also been a featured speaker in multiple national real estate industry seminars and affordable housing conferences.

The award is named in honor of Daniel M. Grady, a NAHB builder who contributed nearly 50 years to the housing industry before his death in 1991. During his long career, Grady founded two companies that developed and managed affordable housing. Additionally, Grady served as a consultant to other developers, non-profit organizations and government agencies on how best to use programs administered by the U.S. Department of Housing and Urban Development to create quality housing for lower-income families. He also served on numerous NAHB committees, and lobbied the association to advocate on behalf of affordable housing, particularly rental housing. Grady was inducted into NAHB’s Housing Hall of Fame in 1992.