Meritage Homes to Donate $250,000 to Support Hurricane Harvey Relief Efforts
September 07 2017 - 6:00AM
Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder
with a significant presence in Houston, today announced that its
foundation will donate $250,000 to aid disaster recovery efforts in
Texas. The donation, comprised of $125,000 to the American Red
Cross and $125,000 to the Rebuild Texas Fund, will help victims of
Hurricane Harvey.
"Our hearts go out to the families in Texas and along the Gulf
Coast that are dealing with such unimaginable loss," said Steve
Hilton, chairman and CEO of Meritage Homes. "The devastating
flooding from Hurricane Harvey is unprecedented in the area, and we
commend the American Red Cross and Rebuild Texas Fund for their
leadership toward the restoration of these communities. With these
donations, Meritage Homes is helping people rebuild their
lives.”
The donations will be the homebuilder’s largest philanthropic
response to a natural disaster since Meritage Homes formed in 1985.
The funds for the American Red Cross and the Rebuild Texas Fund
will come from the Meritage Cares Foundation, which manages the
company’s charitable efforts year-round. Meritage Homes is also
committed to supporting its employees who have been displaced by
floodwaters.
“While we were fortunate that our new communities were only
minimally damaged by floodwaters, a number of our employees in
Houston were displaced from their homes and face many challenges to
overcome,” explained Mr. Hilton. “In true Meritage Homes fashion,
we are rallying in support of those team members in need and will
ensure that they receive assistance throughout the long recovery
that lies ahead. We will also work to ensure that our entire local
team and the area at large have the necessary resources to bounce
back during this difficult time.”
About Meritage HomesMeritage 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, 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
32-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.
Media Contact
Brent Anderson, VP Investor Relations
972.580.6360
media@meritagehomes.com
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