<SEC-DOCUMENT>0000905718-21-000391.txt : 20210305
<SEC-HEADER>0000905718-21-000391.hdr.sgml : 20210305
<ACCEPTANCE-DATETIME>20210305175707
ACCESSION NUMBER:		0000905718-21-000391
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210301
FILED AS OF DATE:		20210305
DATE AS OF CHANGE:		20210305

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Park West Asset Management LLC
		CENTRAL INDEX KEY:			0001386928
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-32447
		FILM NUMBER:		21719876

	BUSINESS ADDRESS:	
		STREET 1:		900 LARKSPUR LANDING CIRCLE, SUITE 165
		CITY:			LARKSPUR
		STATE:			CA
		ZIP:			94939
		BUSINESS PHONE:		(415) 524-2902

	MAIL ADDRESS:	
		STREET 1:		900 LARKSPUR LANDING CIRCLE, SUITE 165
		CITY:			LARKSPUR
		STATE:			CA
		ZIP:			94939

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HOVNANIAN ENTERPRISES INC
		CENTRAL INDEX KEY:			0000357294
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				221851059
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		90 MATAWAN ROAD, 5TH FLOOR
		CITY:			MATAWAN
		STATE:			NJ
		ZIP:			07747
		BUSINESS PHONE:		7327477800

	MAIL ADDRESS:	
		STREET 1:		90 MATAWAN ROAD, 5TH FLOOR
		CITY:			MATAWAN
		STATE:			NJ
		ZIP:			07747
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>hovnanianent_fm3mar12021.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2021-03-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000357294</issuerCik>
        <issuerName>HOVNANIAN ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>HOVNP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001386928</rptOwnerCik>
            <rptOwnerName>Park West Asset Management LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>900 LARKSPUR LANDING CIRCLE, SUITE 165</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LARKSPUR</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94939</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Depositary Shares</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>618662</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common stock, par value $0.01</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>184800</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Park West Asset Management LLC (the &quot;Reporting Person&quot;) is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company (&quot;PWIMF&quot;), and Park West Partners International, Limited, a Cayman Islands exempted company (&quot;PWPI&quot;). Peter S. Park (&quot;Mr. Park&quot;), through one or more affiliated entities, is the controlling manager of the Reporting Person. On March 1, 2021, PWIMF held 563,422 depositary shares each representing 1/1,000th of a share of 7.625% Series A Preferred Stock (&quot;Depositary Shares&quot;), and 168,318 shares of common stock, par value $0.01 per share (&quot;Common Stock&quot;) and PWPI held 55,240 Depositary Shares and 16,482 shares of Common Stock. The Reporting Person's and Mr. Park's beneficial ownership is limited to their pecuniary interest, if any, in such securities.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Grace Jimenez, Chief Financial Officer of Park West Asset Management LLC</signatureName>
        <signatureDate>2021-03-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
