Townsend was outstanding in the World Cup qualifying win over Montenegro.
Hodgson said: "He made a big impact. He got the man of the match which he must be delighted with. It can't be easy for a young man making his debut in a game of that nature.
"He deserves all the credit which I am sure he is going to get because he played well, with a calmness and composure which I have seen him play with for QPR and most recently Tottenham. I was fortunate he was able to reproduce it.
"We thought Townsend's pace against a packed defence would open doors. He really performed on the night."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball