Operation Homefront Selects Two Veterans for Mortgage-Free Homes from Meritage Homes

New homes to be awarded in Phoenix Arizona and Austin Texas

Scottsdale Ariz. September 9 2016 Operation Homefront and Meritage Homes Corporation (NYSE: MTH) announce that two military families have been selected to receive newly-built mortgage-free homes. The homes are located in the greater Austin Texas and Phoenix Arizona areas. Each of the homes will be presented to the families on November 11 in observance of Veterans Day.

Born in Galveston and raised in Stockdale Texas Army Sergeant Jonathan Acuna his wife Jessica and two daughters Jlynn and Aracely will be moving into their first owned family home. Acuna served as a military police officer protecting the health and welfare of the military families at his designated post. He was awarded a Purple Heart for actions taken during a road side bomb explosion in Iraq in 2009 in which he sustained injuries that sent him back to the states for recovery. Those injuries eventually led to Acuna being medically retired with an honorable discharge in February 2016.

The 1562 square-foot three-bedroom home in Leander Texas will provide Acuna and his family an opportunity to complete their studies and pursue their passions. It means everything to us said Acuna. We dont have to worry about where we are going to live next and I am proud that my girls can call this their home.

Army Staff Sergeant Joseph Moncrief was selected to receive a 2278 square-foot home in Goodyear Arizona. The three-bedroom home will provide Joseph his wife Mollie and two daughters Elizabeth and Jocelyn access to wonderful schools financial security and the opportunity to begin a college fund.

Its a dream that we have been wanting for a long time said Moncrief. Thank you for being there for us honestly. I was floored about what Meritage Homes provides for veterans and military families.

The two veterans were selected based on a number of qualifications including but not limited to family needs and ties to the community. These homes bring the total to nine newly built homes provided by Meritage Homes through Operation Homefronts Homes on the Homefront program.

Our mission is to build strong stable and secure military families so that they can thrive in the communities they have worked so hard to protect said Robert Thomas chief operating officer at Operation Homefront. Thanks to the continuing generosity of Meritage Homes we are privileged to award two additional new homes to deserving military families as part of our Homes on the Homefront program.

We are looking forward to awarding these deserving military families the keys to their brand new custom homes in November just in time for the holidays said Thomas.

Steven J. Hilton chairman and CEO of Meritage Homes said This is our fourth year providing homes for deserving veterans and their families in cooperation with Operation Homefront. We and our partners are truly honored to provide these homes where the Moncrief and Acuna families can live better lives and make memories to last a lifetime.

For more information about the Operation Homefront and Meritage Homes partnership please visit http://www.HomesontheHomefront.org/Highlights orwww.MeritageHomes.com.

About Meritage Homes Corporation: Meritage Homes is the seventh-largest public homebuilder in the United States based on homes closed in 2015. 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 Franciscos East Bay the Central Valley and Orange County California; Houston Dallas-Ft. Worth Austin and San Antonio Texas; Phoenix/Scottsdale Green Valley and Tucson Arizona; Denver and Fort Collins Colorado; Orlando and Tampa Florida; Raleigh and Charlotte North Carolina; Greenville-Spartanburg and York County South Carolina; Nashville Tennessee; and Atlanta Georgia.

Meritage Homes has designed and built more than 95000 homes in its 30-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 Agencys 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 visitwww.meritagehomes.com.

About Operation Homefront: A national nonprofit Operation Homefront builds strong stable and secure military families so that they can thrive in the communities they have worked so hard to protect. With more than 3200 volunteers nationwide Operation Homefront has provided assistance to tens of thousands of military families since its inception shortly after 9/11. Recognized for superior performance by leading independent charity oversight groups 92 percent of Operation Homefronts expenditures go directly to programs that provide support to our military families. For more information go to www.OperationHomefront.net.

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