Sterling Group Executive Honored for Commitment to Affordable Housing
- Jul 12, 2012
Mishawaka, Ind. – The National Association of Home Builders (NAHB) named Lance Swank, president of the Sterling Group, the 2012 recipient of the Daniel M. Grady Memorial Award in recognition of his leadership within the association and his commitment to 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.
Swank oversees the day-to-day operations of the parent company and its subsidiaries, including all development, management, construction and acquisition activities at the firm. Through his focused efforts and diligence, he has helped create one of the top vertically integrated, full-service multifamily housing providers in the Midwest. Since joining the firm in 1983, Swank has constructed or acquired more than 9,000 apartment units and over 8,000 self-storage units.
The award is named in honor of Daniel M. Grady, an 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. Grady was inducted into NAHB’s Housing Hall of Fame in 1992.
Larry Swank, Lance’s father, was the recipient of this award in 1997. The Swanks are the only father and son to receive this award.