K. Hovnanian® Homes Build On Your Lot Division Offers Spring Incentive of $15,000 Off Select Homes

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This special incentive is valid on any new home from the Dream Collection.

For a limited time, homebuyers who purchase a new home from the Dream collection will receive $15,000 off $30,000 in options.

“We wanted to offer an incentive that will help people achieve their homebuying dreams,” said Joel Lazar, Director of Sales and Marketing at the K. Hovnanian® Homes Build On Your Lot division. “Building the home you’ve always wanted doesn’t have to cost more than you can afford.”

Everyone wants more for less. And with Spring in full swing, the best time for new beginnings is right now. To welcome the season, the K. Hovnanian® Homes Build On Your Lot division has unveiled its Spring Savings Event. For a limited time, homebuyers who purchase a new home from the Dream collection will receive $15,000 off $30,000 in options.

“We wanted to offer an incentive that will help people achieve their homebuying dreams,” said Joel Lazar, Director of Sales and Marketing at the K. Hovnanian® Homes Build On Your Lot division. “Building the home you’ve always wanted doesn’t have to cost more than you can afford.”

Prospective homebuyers who are interested in building on their lot are encouraged to visit a K. Hovnanian® Homes Design Studio. If you need land, K. Hovnanian® Homes has recently unveiled its new Land Matching Program, which is a complimentary service that allows you to find your perfect homesite based on location, size and price. Build On Your Lot homes are priced from the $160s. To learn more, visit http://www.khov.com/dream or call 866-402-7735.

ABOUT HOVNANIAN ENTERPRISES®, INC.
Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Matawan, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes, Brighton Homes® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active lifestyle communities.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2017 annual report, can be accessed through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail or fax lists, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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Laura Crossan
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