The Houdini Engine for UE4 public beta is now available for download [Build 14.0.291 or higher]. This plug-in provides game studios with the power of Houdinis procedural technology working inside the Unreal Editor.
During the public beta, the Houdini Engine will run for free inside UE4 and you can use the free Houdini Apprentice edition to create your own assets. Once the plug-in goes gold, you will require an indie or commercial license.
Details and getting started instructions can be found at
http://www.sidefx.com/unreal .
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Very excited!