In Matawan, New Jersey on September 10, 2025, Hovnanian Enterprises, Inc. (NYSE: HOV) shared plans to offer $450 million in Senior Notes due 2031 and $450 million in Senior Notes due 2033 through their subsidiary K. Hovnanian Enterprises, Inc. The total aggregate principal amount for the private placement is $900 million. The Notes, which will be guaranteed by the Company and the majority of its subsidiaries, are subject to market conditions.