<PAGE>
Exhibit 24.1
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and
appoints J. Larry Sorsby and each of them, the true and lawful attorneys-in-fact
and agents of the undersigned, with full power of substitution and
resubstitution, for and in the name, place and stead of undersigned, in any and
all capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, including any filings pursuant to
Rule 462(b) under the Securities Act of 1933, as amended, and to file the same,
with all exhibits thereto, and all other documents in connection therewith, with
the Securities and Exchange Commission, and hereby grants to such attorneys-in-
fact and agents, and each of them, full power and authority to do and perform
each and every act and anything necessary to be done, as fully to all intents
and purposes as the undersigned might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact and agents, or any of them, or
their or his substitute, or substitutes, may lawfully do or cause to be done by
virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------
Signature Title Date
--------- ----- ----
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
/s/ Kevork S. Hovnanian Chairman of the Board December 27, 2000
----------------------------
Kevork S. Hovnanian
------------------------------------------------------------------------------------------------------------------------
/s/ Ara K. Hovnanian
----------------------------- Chief Executive Officer, President and December 27, 2000
Ara K. Hovnanian Director
------------------------------------------------------------------------------------------------------------------------
/s/ Paul W. Buchanan
----------------------------- Senior Vice President - Corporate December 27, 2000
Paul W. Buchanan Controller and Director
------------------------------------------------------------------------------------------------------------------------
/s/ Peter S. Reinhart
----------------------------- Senior Vice President, General December 27, 2000
Peter S. Reinhart Counsel/Secretary and Director
------------------------------------------------------------------------------------------------------------------------
/s/ J. Larry Sorsby
----------------------------- Executive Vice President, Chief December 27, 2000
J. Larry Sorsby Financial Officer and Director
------------------------------------------------------------------------------------------------------------------------
----------------------------- Director December ____, 2000
Arthur M. Greenbaum
------------------------------------------------------------------------------------------------------------------------
----------------------------- Director December ____, 2000
Desmond P. McDonald
------------------------------------------------------------------------------------------------------------------------
----------------------------- Director December ____, 2000
Stephen D. Weinroth
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and
appoints J. Larry Sorsby and each of them, the true and lawful attorneys-in-fact
and agents of the undersigned, with full power of substitution and
resubstitution, for and in the name, place and stead of undersigned, in any and
all capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, including any filings pursuant to
Rule 462(b) under the Securities Act of 1933, as amended, and to file the same,
with all exhibits thereto, and all other documents in connection therewith, with
the Securities and Exchange Commission, and hereby grants to such attorneys-in-
fact and agents, and each of them, full power and authority to do and perform
each and every act and anything necessary to be done, as fully to all intents
and purposes as the undersigned might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact and agents, or any of them, or
their or his substitute, or substitutes, may lawfully do or cause to be done by
virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------
Signature Title Date
--------- ----- ----
------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
/s/ Kevork S. Hovnanian
--------------------------- Chairman of the Board December 27, 2000
Kevork S. Hovnanian
------------------------------------------------------------------------------------------------------------------------
/s/ Ara K. Hovnanian
--------------------------- Chief Executive Officer, President and December 27, 2000
Ara K. Hovnanian Director
------------------------------------------------------------------------------------------------------------------------
/s/ Paul W. Buchanan
--------------------------- Senior Vice President - Corporate December 27, 2000
Paul W. Buchanan Controller and Director
------------------------------------------------------------------------------------------------------------------------
/s/ Peter S. Reinhart
--------------------------- Senior Vice President, General December 27, 2000
Peter S. Reinhart Counsel/Secretary and Director
------------------------------------------------------------------------------------------------------------------------
/s/ J. Larry Sorsby
--------------------------- Executive Vice President, Chief December 27, 2000
J. Larry Sorsby Financial Officer and Director
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and
appoints J. Larry Sorsby and each of them, the true and lawful attorneys-in-fact
and agents of the undersigned, with full power of substitution and
resubstitution, for and in the name, place and stead of undersigned, in any and
all capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, including any filings pursuant to
Rule 462(b) under the Securities Act of 1933, as amended, and to file the same,
with all exhibits thereto, and all other documents in connection therewith, with
the Securities and Exchange Commission, and hereby grants to such attorneys-in-
fact and agents, and each of them, full power and authority to do and perform
each and every act and anything necessary to be done, as fully to all intents
and purposes as the undersigned might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact and agents, or any of them, or
their or his substitute, or substitutes, may lawfully do or cause to be done by
virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------
Signature Title Date
--------- ----- ----
-----------------------------------------------------------------------------------------------------------
<S> <C> <C>
/s/ Kevork S. Hovnanian
--------------------------- Chairman of the Board December 27, 2000
Kevork S. Hovnanian
-----------------------------------------------------------------------------------------------------------
/s/ Ara K. Hovnanian
--------------------------- Chief Executive Officer, President and December 27, 2000
Ara K. Hovnanian Director
-----------------------------------------------------------------------------------------------------------
/s/ Paul W. Buchanan
--------------------------- Senior Vice President - Corporate December 27, 2000
Paul W. Buchanan Controller and Director
-----------------------------------------------------------------------------------------------------------
/s/ Peter S. Reinhart
--------------------------- Senior Vice President, General December 27, 2000
Peter S. Reinhart Counsel/Secretary and Director
-----------------------------------------------------------------------------------------------------------
/s/ J. Larry Sorsby
--------------------------- Executive Vice President, Chief December 27, 2000
J. Larry Sorsby Financial Officer and Director
-----------------------------------------------------------------------------------------------------------
</TABLE>
