Hello, I am facing the same issue with Houdini 19.0.589 when I launch Houdini from a console if I cd in another drive than C:/.
Houdini is installed on a network and managed with Rez, and when I need to launch Houdini, I open a cmd prompt, cd in the Rez directory (R:/), acquire the rez environment, and then type "houdini", it launches, and then raises the errors you mention. If I do the same thing but before typing Houdini and launching it, I cd in the C:/ directory, everything works fine. There are no environment variables that could conflict, other than SESI_LMHOST but I don't see why this one could cause an issue like this.
# Does not work
C:\Users\donromano > cd /D R:/
R:\ > rez-env houdini-19.0.589
R:\ > houdini
# Works
C:\Users\donromano > cd /D R:/
R:\ > rez-env houdini-19.0.589
R:\ > cd C:/Users/donromano
C:\Users\donromano > houdini
I also tried with a local installation of Houdini 19.0.589 and same behavior :
# Does not work
C:\Users\donromano > cd /D R:/
R:\ > "C:\Program Files\SideFX\Houdini 19.0.589\bin\houdini"
# Works
C:\Users\donromano > "C:\Program Files\SideFX\Houdini 19.0.589\bin\houdini"