SOURCE: K. Hovnanian Homes

K. Hovnanian Homes

October 13, 2009 09:30 ET

K. Hovnanian's Energy-Efficient Homes in New Jersey Win Honors

EDISON, NJ--(Marketwire - October 13, 2009) - The U.S. Environmental Protection Agency honored K. Hovnanian Homes, New Jersey's largest homebuilder, and its Matzel and Mumford Division for building energy efficient homes through the New Jersey ENERGY STAR Homes program.

The EPA praised K. Hovnanian for building more than 300 ENERGY STAR New Jersey homes in the past year. Matzel and Mumford received an award for building more than 50 qualifying homes. K. Hovnanian was among the first New Jersey home builders to adopt the ENERGY STAR standard. Almost all of its competitively priced single-family homes and townhomes are independently verified as ENERGY STAR qualified. The company is among the largest builders of North Jersey homes and South Jersey homes.

Mark MaGrann, chairman and chief executive officer of MaGrann Associates, said K. Hovnanian was at the forefront of production builders. MaGrann's company certifies ENERGY STAR homes. The New Jersey ENERGY STAR Homes program is sponsored by the New Jersey Board of Public Utilities and New Jersey's Clean Energy Program™. He spoke at a luncheon honoring ENERGY STAR builders.

"We've been building value and quality into our homes for 50 years," said John Moorzitz, division president of K. Hovnanian in Northern New Jersey and New York. "Today that means delivering greater energy efficiency and being sure our homes and building practices are sensitive to the environment."

"ENERGY STAR has changed over the years, but we're committed to building homes that deliver high value and energy efficiency," said Barry McCarron, division president of the company for the southern half of the state and parts of Pennsylvania. "We're applying what we've learned from participating in the ENERGY STAR program to our homes in other areas of the Northeast and expanding on it through our High Performance Home strategy. We know people are interested in green home building and our High Performance Homes are a step further in that direction."

K. Hovnanian began building New Jersey ENERGY STAR homes in 2001 at its Four Seasons at Upper Freehold community in Allentown, N.J. The program requires that homes be built to standards that exceed routine building codes and result in homes being about a third more energy efficient than comparable homes that don't meet the standard. Each home must be inspected and certified by an independent third party.

"You are ahead of the curve," MaGrann said at the luncheon. He told participants that the awards reflected "your stewardship of the environment and your commitment to how we're going to build housing in the future."

EPA's Shadid said more than 43,000 ENERGY STAR homes were built in New Jersey in the past 12 years.

"It's phenomenal what you've done," he said. "That's a tremendous number of ENERGY STAR homes and a tremendous amount of greenhouse gases saved."

K. Hovnanian is using the lessons of ENERGY STAR as a foundation for building a new generation of homes that will be called High Performance Homes. In addition to its experience with ENERGY STAR, the company will learn more about the newest building practices by studying the lessons of four experimental homes, each of which uses new products and procedures and will be sold to a regular homeowner.

Finishing touches are being placed on the third home at K. Hovnanian's The Jockey Club in Oceanport, N.J., which will be used to evaluate new ideas in insulation, framing and equipment. Construction has begun on the fourth home, in Hackettstown, N.J., which will bring together what's been learned so far and form the new standard.

"ENERGY STAR offers tremendous value for homebuyers and homebuilders," said McCarron. "That's why we've continued to work to those standards, even as they've become more challenging over the years. The lessons we've learned as an ENERGY STAR builder put us a step ahead of our competitors on delivering quality and value that becomes apparent in the comfort of living in our homes and the cost of owning and operating them."

K. Hovnanian Homes is the largest homebuilder in New Jersey and sixth largest homebuilder in the nation. Founded in 1959 by Kevork S. Hovnanian, chairman, the company sells homes in 18 states and the District of Columbia. The parent company, Hovnanian Enterprises, Inc., is headquartered in Red Bank, N.J., and delivered 11,281 homes during Fiscal 2008 under several names. Of those, 1,412 were delivered in New Jersey, New York and Pennsylvania. Additional homes in those states were sold through joint ventures.

The company reported $3.3 billion in total revenues in Fiscal 2008. K. Hovnanian builds planned communities that include single-family, townhomes and garden homes. In addition, it constructs homes in mid-rise, high-rise and mixed-use buildings. The company also is well known for its active-adult homes, branded as K. Hovnanian's Four Seasons, and its expertise in community redevelopment and environment rehabilitation. More information is available at www.khov.com or at 888-KHOV-HOME.

Contact Information

  • Contact:
    Doug Fenichel, APR
    K. Hovnanian Homes
    (732) 623-6979
    Cell Phone: (973) 769-0688