FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * HOVNANIAN ARA K 2. Issuer Name and Ticker or Trading Symbol HOVNANIAN ENTERPRISES INC [ HOV ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman of Bd., Pres. & CEO
(Last)         (First)         (Middle)
90 MATAWAN ROAD, FIFTH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)
1/8/2021
(Street)
MATAWAN, NJ 07747
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock   (1) 1/8/2021    F        745.0000    (1)  (2) Class A Common Stock  745.0000  $31.8100  84204.0000  D   
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  5328.4000    5328.4000  I  Held as trustee for daughter Serena 
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  5328.4000    5328.4000  I  Held as trustee for son Alexander 
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  160.0000    160.0000  I  Held as trustee of the Alexander Hovnanian Trust 
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  160.0000    160.0000  I  Held as trustee of the Alton Hovnanian Trust 
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  163220.1600    163220.1600  I  Held as trustee of trust for Reporting Person's family (3)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  31067.1600    31067.1600 (4) I  Held as trustee of trusts for Esther K. Barry's family (5)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  31067.1600    31067.1600 (4) I  Held as trustee of trusts for Lucy K. Kalian's family (6)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  31067.1600    31067.1600 (4) I  Held as trustee of trusts for Nadia K. Rodriguez's family (7)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  31067.1600    31067.1600 (4) I  Held as trustee of trusts for Sossie K. Najarian's family (8)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  56786.4536    56786.4536  I  Held by Ara K. Hovnanian Family 1994 long-term trusts (9)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  5125.2800    5125.2800  I  Held by Reporting Person through partnership interests in the Limited Partnership. 
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  38736.6940    38736.6940 (4) I  Held by trusts for Esther K. Barry's family (10)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  42034.9200    42034.9200 (4) I  Held by trusts for Kevork S. Hovnanian's family (11)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  38777.8564    38777.8564 (4) I  Held by trusts for Lucy K. Kalian's family (12)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  22849.1972    22849.1972 (4) I  Held by trusts for Nadia K. Rodriguez's family (13)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  33256.3364    33256.3364 (4) I  Held by trusts for Sossie K. Najarian's family (14)
Class B Common Stock   (1)                  (1)  (2) Class A Common Stock  812.0000    812.0000  I  Held by wife 

Explanation of Responses:
(1)  The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")
(2)  No expiration date
(3)  Held by Ara K. Hovnanian 2012 Trust, of which the reporting person is trustee, including shares held through a limited liability company interest in the Hovnanian Family 2012 LLC (the "2012 LLC")
(4)  The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
(5)  Held by trusts for the benefit of the family of Esther K. Barry, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(6)  Held by trusts for the benefit of the family of Lucy K. Kalian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(7)  Held by trusts for the benefit of the family of Nadia K. Rodriguez, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(8)  Held by trusts for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(9)  Held by Ara K. Hovnanian Family 1994 long-term trusts, of which the reporting person is trustee, including shares held through a partnership interest in the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership")
(10)  Held by Esther K. Barry Family 1994 long-term trusts, of which the reporting person is a trustee and has a potential remainder interest, through a partnership interest in the Limited Partnership
(11)  Held by trusts for the benefit of the family of Kevork S. Hovnanian, of which the reporting person is a trustee and has a potential remainder interest
(12)  Held by Lucy K. Kalian Family 1994 long-term trusts, of which the reporting person is a trustee and has a potential remainder interest, through a partnership interest in the Limited Partnership
(13)  Held by Nadia K. Rodriguez Family 1994 long-term trusts, of which the reporting person is a trustee and has a potential remainder interest, through a partnership interest in the Limited Partnership
(14)  Held by Sossie K. Najarian Family 1994 long-term trusts, of which the reporting person is a trustee and has a potential remainder interest, through a partnership interest in the Limited Partnership

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HOVNANIAN ARA K
90 MATAWAN ROAD, FIFTH FLOOR
MATAWAN, NJ 07747
X X Chairman of Bd., Pres. & CEO

Signatures
Nancy A. Marrazzo Attorney-in-Fact 1/11/2021
**Signature of Reporting Person Date