Meritage Homes Gives $3.3 Million In 2023 To Build Stronger Communities Nationwide
December 19 2023 - 8:00AM
Meritage Homes, the fifth-largest public homebuilder in the U.S.,
delivered on its brand promise of a Life.Built.Better.® in 2023 by
contributing $3.3 million and through volunteerism. During the
year, the homebuilder donated $1.5 million mainly through Meritage
Cares, its philanthropic foundation, as well as additional in-kind
donations to help combat food insecurity, support diversity, equity
and inclusion (DE&I) initiatives in the homebuilding industry,
plant trees throughout its markets, assist military veterans and
their families, and improve affordable housing supply. Meritage
also celebrated its ten-year partnership with Operation Homefront
this year and will donate another mortgage-free home in South
Florida to a deserving military veteran. Further, Meritage
contributed $1.8 million to fund educational opportunities in
Arizona and Florida.
“One of Meritage’s core values is ‘Start with Heart.’ We
recognize our commitment extends beyond delivering quality,
affordable homes, to building stronger communities in our markets,”
said Phillippe Lord, CEO of Meritage Homes. “We were honored to be
recognized this year with the Hearthstone Builder Humanitarian
Award, Arizona Housing Fund Partner of the Year Award, and AZ
Business Angels Award. We look forward to continuing to support
efforts that help communities thrive.”
Meritage’s 2023 philanthropic efforts include:
- Addressing Food Insecurity
- Contributed over $175,000 to No Child Hungry. Additionally,
employees in every market contributed over 1,100 cumulative hours
to pack nearly 240,000 meal kits—some of which were delivered to
Maui after the devastating fire in August 2023.
- Diversity, Equity & Inclusion Initiatives
- Committed nearly $450,000 in total to support ongoing DE&I
career and educational efforts.
- Funded more than 60 scholarships at Historically Black Colleges
& Universities and Hispanic Servicing Institutions, including
North Carolina A&T, Arizona State University, University of
Central Florida, Prairie View University, and Texas A&M.
- Donated $120,000 to support the National Association of Women
in Construction and the Society of Women Engineers.
- Extended its partnership with Building Talent Foundation (BTF)
for the fourth year and contributed $160,000 to further BTF’s
commitment to advancing the education, training and career
progression of young, underrepresented professionals in the
homebuilding industry.
- Tree Planting Programs
- Donated $300,000 for a third year in a row to the Arbor Day
Foundation to support sustainable forestry efforts. The Company
hosted 16 events across cities nationwide to plant trees and
enhance the urban tree canopy.
- Assisting Military Families
- Celebrated ten years of partnership with Operation Homefront’s
Permanent Home for Veterans program. In 2023, the Company built a
new mortgage-free, energy-efficient home in South Florida that will
be presented to a military family during a key ceremony in January
2024, marking the 18th donated home.
- Supporting Affordable Housing
- Provided over $70,000 to the Arizona Housing Fund from
Meritage’s Phoenix and Tucson divisions combined with contributions
from its homebuyers to provide permanent, affordable housing for
Arizonans experiencing homelessness.
For more information on Meritage Cares, please visit:
www.meritagehomes.com/meritagecares.
About Meritage Homes CorporationMeritage Homes
is the fifth-largest public homebuilder in the United States, based
on homes closed in 2022. The Company offers energy-efficient and
affordable entry-level and first move-up homes. Operations span
across Arizona, California, Colorado, Texas, Florida, Georgia,
North Carolina, South Carolina, Tennessee and Utah.
Meritage Homes has delivered over 175,000 homes in its 37-year
history, and has a reputation for its distinctive style, quality
construction, and award-winning customer experience. The Company is
an industry leader in energy-efficient homebuilding, a ten-time
recipient of the U.S. Environmental Protection Agency’s ("EPA")
ENERGY STAR® Partner of the Year for Sustained Excellence
Award since 2013 for innovation and industry leadership in
energy-efficient homebuilding, and the recipient of the EPA's 2023
Market Leader Award for Certified Homes as well as the EPA's 2023
Indoor airPLUS Leader Award.
For more information, visit www.meritagehomes.com.
ContactEmily Tadano, VP Investor Relations and ESG(480)
515-8979media@meritagehomes.com
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