Hovnanian Enterprises Inc. PFD DEP1/1000A

Hovnanian Enterprises Inc. designs constructs markets and sells residential homes in the United States. It constructs single-family detached homes attached townhomes and condominiums urban infill and active lifestyle homes. The company markets its build homes for first-time buyers first-time and second-time move-up buyers luxury buyers active lifestyle buyers and empty nesters in 130 communities in 24 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank New Jersey.