Item 8.01. Other Events.

On April 29, 2022, K. Hovnanian Enterprises, Inc., a wholly-owned subsidiary of Hovnanian Enterprises, Inc., completed the redemption (the "Redemption") of $100,000,000 aggregate principal amount of its 7.75% Senior Secured 1.125 Lien Notes due 2026 (the "Notes") at a redemption price of 103.875% of the principal amount thereof plus accrued and unpaid interest thereon to, but excluding, the redemption date, which was funded with available cash. As of April 29, 2022, after giving effect to the Redemption, the total aggregate principal amount of the Notes outstanding was $250,000,000.

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