Monday, January 12, 2009

HOMEBUILDING’S FIRST NAME IN LASTING VALUE CELEBRATES HALF CENTURY

Now marking its 50th anniversary, leading American homebuilder K. Hovnanian® Homes® is celebrating half a century of building quality.

In 1959, Kevork S. Hovnanian founded his homebuilding company with a clear and concise vision to build homes and create a company that provides quality and lasting value to its customers, community and associates. K. Hovnanian Homes is going strong in its 50th year with a family of homebuilders across 18 states, including the District of Columbia.

“For 50 years we have continued to stay true to my father’s founding principle of building quality homes with lasting value,” said Ara K. Hovnanian, president and CEO of Hovnanian Enterprises Inc., parent company of K. Hovnanian Homes. “It is with this commitment that we look forward to another 50 years of providing Americans with the home they deserve backed by a company they can trust."

The K. Hovnanian family of homebuilders provides numerous housing choices for all budgets, lifestyles and stages of life throughout the country. Additionally, K. Hovnanian American Mortgage helps to fulfill Americans’ dreams of quality home ownership by assisting homebuyers through the mortgage process.

“We know that buying a home is one of the largest and most important purchases an individual or family can make. That's why we are a company devoted to building communities of excellence. We build quality homes so individuals and families can make memories in a home of their own that will last a lifetime," concluded Hovnanian.

For more information about K. Hovnanian Homes’ 50th anniversary, visit www.khov.com/50.

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