Meritage Homes Donates Brand New Mortgage-Free Home to Operation Homefront
May 25 2017 - 9:00AM
Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder,
has again renewed its partnership with Operation Homefront, a
leading national charity building strong, stable, and secure
military families. Together the companies will place a military
family into a brand new, mortgage-free, and energy-efficient
Meritage home through the Homes on the Homefront program.
This is the fifth year Meritage Homes has built
and donated new homes to Operation Homefront. This fall, Meritage
will award a new home in Dallas, Texas, to a military family.
The 2,038 square-foot, three-bedroom home in
Dallas will include ENERGY STAR® appliances, a two-car garage,
private study, and covered outdoor living area. It will also
include an array of money-saving features, such as spray-foam
insulation and energy-efficient windows, that cut heating and
cooling costs by as much as 50 percent.
Operation Homefront will select the recipient
for the new home and announce their name on September 11, with keys
to be awarded on Veterans Day.
“We are proud to partner with Operation
Homefront to help a military family realize their own American
dream of owning a home,” said Steven J. Hilton, chairman and CEO of
Meritage Homes. “They have helped to secure the freedoms we all
enjoy, and as they transition back into civilian life, we hope that
a safe, secure and mortgage-free home will make that transition
easier.”
Army Staff Sergeant Joseph Moncrief, his wife,
and their two daughters received a new home last year in Phoenix,
Arizona. “I was floored by what Meritage Homes provides for
veterans and military families. It’s a dream that we have been
wanting for a long time,” he said. “We no longer have to move
constantly or worry about where we are going next. It’s also
financial freedom, which is going to be good for us. As a veteran,
it makes me feel good that there are people out there that
care.”
The Homes on the Homefront program began in
2012. Since inception, Operation Homefront has placed nearly 600
military families with mortgage-free homes, and provided well over
$48 million in deeded value.
“We are grateful to be partnering with Meritage
Homes for the fifth year to place another deserving military family
in a mortgage-free and energy-efficient home,” said Brig. Gen.
(ret.) Robert Thomas, chief operating officer for Operation
Homefront. “This is an incredible donation from Meritage, which
shares our mission and commitment to build strong, stable, and
secure military families so they can thrive – not simply struggle
to get by - in the communities they have worked so hard to
protect.”
For more information about the program, please
visit www.homesonthehomefront.org.
About Meritage Homes
Corporation:Meritage Homes is the eighth-largest public
homebuilder in the United States, based on homes closed in 2016.
Meritage Homes builds and sells single-family homes for first-
time, move-up, luxury and active adult buyers across the Western,
Southern and Southeastern United States. Meritage Homes builds in
markets including Sacramento, San Francisco Bay area, southern
coastal and Inland Empire markets in California; Houston,
Dallas-Ft. Worth, Austin and San Antonio, Texas;
Phoenix/Scottsdale, Green Valley and Tucson, Arizona; Denver and
Fort Collins, Colorado; Orlando, Tampa and south Florida; Raleigh
and Charlotte, North Carolina; Greenville-Spartanburg and York
County, South Carolina; Nashville, Tennessee; and Atlanta,
Georgia.
Meritage Homes has designed and built over
100,000 homes in its 31-year history, and has a reputation for its
distinctive style, quality construction, and positive customer
experience. Meritage Homes is the industry leader in
energy-efficient homebuilding and has received the U.S.
Environmental Protection Agency's ENERGY STAR Partner of the Year
for Sustained Excellence Award every year since 2013 for innovation
and industry leadership in energy efficient homebuilding. For more
information, visit www.meritagehomes.com.
About Operation Homefront:
Founded in 2002, Operation Homefront is a national nonprofit
organization whose mission is to build strong, stable, and secure
military families so that they can thrive – not simply struggle to
get by – in the communities they have worked so hard to protect.
Recognized for superior performance by leading independent charity
oversight groups, 92 percent of Operation Homefront expenditures go
directly to programs that support tens of thousands of military
families each year. Operation Homefront provides critical financial
assistance, transitional and permanent housing and family support
services to prevent short-term needs from turning into chronic,
long-term struggles. Thanks to the generosity of our donors and the
support from thousands of volunteers, Operation Homefront proudly
serves America’s military families.
For more information, visit
OperationHomefront.org.
MEDIA INQUIRIES:
Jason E. Moody
Housing Programs Communications Manager, Operation Homefront
Jason.Moody@OperationHomefront.org
210.243.1657
Lauren Hendeles, Meritage Homes Corporation
media@meritagehomes.com
602.750.5934
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