Hovnanian Enterprises Inc. PFD DEP1/1000A

Hovnanian Enterprises, Inc. is a residential construction firm specializing in the creation, development, and sale of diverse housing options. These include standalone single-family homes, multi-unit attached dwellings like townhouses and condominiums, properties in urban revitalization areas (urban infill), and residences designed for active adults, all typically situated within structured residential developments. The company organizes its business operations across three primary geographic regions: the Northeast, Southeast, and West. Specifically, its Northeast division serves states such as Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia. Operations in the Southeast are concentrated in Florida, Georgia, and South Carolina, while the West division encompasses Arizona, California, and Texas. Kevork S. Hovnanian founded the enterprise in 1959, and its corporate headquarters are located in Matawan, New Jersey.