K. Hovnanian® Homes Recognized with Department of Energy Housing Innovation Award

Core Points - K. Hovnanian® Homes' Phoenix Division received the 2024 Housing Innovation award from the U.S. Department of Energy for excellence in homebuilding, specifically for their Edgewood Estates project, which focuses on Zero Energy Ready Homes (ZERH) [1][2] - The homes built to the DOE ZERH standard are designed to significantly reduce energy consumption, allowing for the potential addition of renewable energy systems to offset energy usage [1] - The division's commitment to energy efficiency includes the use of advanced technologies such as spray foam insulation and heat pump water heaters, which were recognized at the Housing Innovation Awards Ceremony [2] - On November 6, 2024, the Phoenix Division will also be honored by Salt River Project for achievements in electrification, energy efficiency, and clean energy as part of their Business Solutions Program [3] - Hovnanian Enterprises, Inc. is one of the largest homebuilders in the U.S., with operations across multiple states and a focus on active lifestyle communities [4]