FIRSTAMENDMENT TO CREDIT AGREEMENT

EXHIBIT 10.1

FIRST AMENDMENT TO CREDIT AGREEMENT

                This FIRST AMENDMENT TO CREDIT AGREEMENT (“Amendment”), dated as of March 22, 2006, among BEAZER HOMES USA, INC., a Delaware corporation (the “Borrower”), those lenders that are identified on the signature pages hereto (hereinafter collectively referred to as the “Lenders”), and JPMORGAN CHASE BANK, N.A., as Administrative Agent (the “Administrative Agent”).

RECITALS

                WHEREAS, the Borrower, the Lenders and Administrative Agent are parties to that certain Credit Agreement dated as of August 22, 2005 (the “Credit Agreement”);

                WHEREAS, the parties hereto desire to amend the Credit Agreement to change the “Land Inventory” covenant contained in Section 7.05 of the Credit Agreement for the purposes set forth herein;

                NOW, THEREFORE, the parties hereto hereby agree as follows:

AGREEMENT

                1.  Land Inventory.  Section 7.05 of the Credit Agreement is hereby amended to change “1.0 to 1.0” to “1.25 to 1.0.”

                2.  Representations and Warranties.  The Borrower hereby certifies that the representations and warranties contained in Article IV of the Credit Agreement are correct on the date hereof as though made on and as of such date except to the extent that any such representation or warranty is stated to relate solely to an earlier date, in which case such representation or warranty is correct as of such earlier date.

                3.  Ratification.  The Credit Agreement, as amended hereby, is hereby ratified and remains in full force and effect.

                4.  Counterparts.  This Amendment may be executed in two or more counterparts, each of which may be executed by one or more of the parties hereto, but all of which, when taken together, shall constitute a single agreement binding on all the parties hereto.

                IN WITNESS WHEREOF, the Borrower and the Lenders have caused this

Amendment to be duly executed as of the date first above written.

SIGNATURE PAGE TO FIRST AMENDMENT TO CREDIT AGREEMENT

WITH BEAZER HOMES USA, INC.