UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE

SECURITIES EXCHANGE ACT OF 1934

Filed by Registrant  x                             Filed by a Party other than the Registrant  ¨

Check the appropriate box:

CENTURY COMMUNITIES, INC.CENTURY COMMUNITIES, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

CENTURY COMMUNITIES, INC.
8390 East Crescent Parkway, Suite 650
Greenwood Village, Colorado 80111
(303) 770-8300

April 1, 2016March 28, 2018

Dear Stockholder:

You are cordially invited to attend the 20162018 Annual Meeting of Stockholders (which we refer to as the “Annual Meeting”) of Century Communities, Inc., a Delaware corporation, (which we refer to as “we,” “us,” “our,” or the “Company”), to be held at the Hyatt Regency Denver Tech Center located at 7800 East Tufts Avenue, Denver, Colorado 80237, at 1:00 p.m. local time, on Wednesday, May 11, 2016.9, 2018.

At the Annual Meeting, you will be asked to consider and vote upon the following proposals to:proposals: (1) to elect five (5) directors to serve for the ensuing year as members of the Board of Directors of the Company;Century; (2) to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2016;2018; (3) to approve, on an advisory basis, our executive compensation; (4) to approve, on an advisory basis, the frequency of future advisory votes on executive compensation; and (3)(5) to transact such other business as may properly come before the Annual Meeting or at any continuation, postponement or adjournment thereof. The accompanying Notice of 2018 Annual Meeting of Stockholders and Proxy Statement describe these matters in more detail. We urge you to read this information carefully.

The Board of Directors recommends a vote:FOR each of the five (5) nominees for director named in the Proxy Statement, andFOR the ratificationapproval of the appointmentother proposals being submitted to a vote of Ernst & Young LLP as our independent registered public accounting firmstockholders and for the fiscal year ending December 31, 2016.a frequency of EVERY YEAR for future advisory votes on executive compensation.

Whether or not you attend the Annual Meeting in person, and regardless of the number of shares of Century Communities, Inc.common stock that you own, it is important that your shares be represented and voted at the Annual Meeting. Therefore, I urge you to vote your shares of Century common stock via the Internet, by telephone, or by promptly marking, dating, signing, and returning the proxy card. Voting over the Internet, by telephone, or by written proxy will ensure that your shares are represented at the Annual Meeting.

On behalf of the Board of Directors and management of Century, Communities, Inc., we thank you for your participation.participation and continued support.

	Sincerely,
	Dale Francescon
	Chairman of the Board and Co-Chief Executive Officer

Sincerely,You can help us make a difference by eliminating paper proxy materials. With your consent, we will provide all future proxy materials electronically. Instructions for consenting to electronic delivery can be found on your proxy card or at www.proxyvote.com. Your consent to receive stockholder materials electronically will remain in effect until canceled.

Chairman of the Board of Directors and

Co-Chief Executive Officer

CENTURY COMMUNITIES, INC.CENTURY COMMUNITIES, INC.

8390 East Crescent Parkway, Suite 650

Greenwood Village, Colorado 80111

(303) 770-8300

NOTICE OF 20162018 ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD ON MAY 11, 20169, 2018

The 20162018 Annual Meeting of Stockholders (which we refer to as the “Annual Meeting”) of Century Communities, Inc., a Delaware corporation, (which we refer to as “we,” “us,” “our,” or the “Company”), will be held on Wednesday, May 11, 20169, 2018 at 1:00 p.m. local time at the Hyatt Regency Denver Tech Center located at 7800 East Tufts Avenue, Denver, Colorado 80237. We will consider and act on80237, for the following items of business at the Annual Meeting:

purposes:

The Proxy Statement accompanying this Notice describes each of these items of business in detail. Our Board recommends a vote:FOR eachOnly holders of the five (5) nominees for director named in the Proxy Statement, andFOR the ratificationrecord of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2016.

Only stockholders of recordcommon stock at the close of business on March 28, 201615, 2018 are entitled to notice of, to attend, and to vote at the Annual Meeting or any continuation, postponement or adjournment thereof. A list of such stockholders eligible to vote at the Annual Meeting will be available for inspection, for any purpose germane to the Annual Meeting, at theour principal executive office of the Companyoffices during regular business hours for a period of no less than ten (10)10 days prior to the Annual Meeting.

All stockholders are cordially invited to attend the Annual Meeting in person. To ensure your representation at the Annual Meeting, you are urged to vote your shares of Century common stock via the Internet, by telephone, or by promptly marking, dating, signing, and returning the proxy card. Any stockholder attending the Annual Meeting may vote in person even if he or she previously submitted a proxy. If your shares of Century common stock are held by a bank, broker or other agent, please follow the instructions from your bank, broker or other agent to have your shares voted.

Sincerely,

David L. Messenger

Chief Financial Officer and Secretary

	BY ORDER OF THE BOARD OF DIRECTORS
	David L. Messenger
	Chief Financial Officer and Secretary

Greenwood Village, Colorado
March 28, 2018

TABLE OF CONTENTS

CENTURY COMMUNITIES, INC.CENTURY COMMUNITIES, INC.

8390 East Crescent Parkway, Suite 650

Greenwood Village, Colorado 80111

(303) 770-8300

PROXY STATEMENT

FOR ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD ON MAY 11, 20169, 2018

GENERAL INFORMATION

INFORMATION ABOUT THE ANNUAL MEETING

General

Your proxy is solicited on behalf of theThe Board of Directors (which we refer to as our “Board”) of Century Communities, Inc., a Delaware corporation (which we refer is using this Proxy Statement to as “we,” “us,” “our,” or the “Company”),solicit your proxy for use at our 20162018 Annual Meeting of Stockholders (which we refer to as the “Annual Meeting”) to be held on Wednesday, May 11, 2016,9, 2018, at 1:00 p.m. local time, at the Hyatt Regency Denver Tech Center located at 7800 East Tufts Avenue, Denver, Colorado 80237, or at any continuation, postponement or adjournment thereof, for the purposes discussed in this Proxy Statement and in the accompanying Notice of Annual Meeting.thereof. Directions to attend the Annual Meeting may be obtained by calling Investor Relations at (303) 268-8398. Proxies are solicitedThe Board is soliciting proxies to give all stockholders of record an opportunity to vote on matters properly presented at the Annual Meeting. Please note that references in this Proxy Statement to “Century,” “we,” “us,” “our,” or the “Company” refer to Century Communities, Inc., a Delaware corporation, references to the “Board” refer to the Board of Directors of Century, and references to the “Annual Meeting” refer to our 2018 Annual Meeting of Stockholders.

We have elected to provide access to our proxy materials over the Internet. Accordingly, we are sending an Important Notice of Availability of Proxy Materials for the Annual Meeting (which we refer to as the “Notice”“Internet Notice”) to most of our stockholders of record, and paper or electronic copies of the proxy materials to certain otherour remaining stockholders of record. Brokers and other nominees who hold shares on behalf of beneficial owners will be sending their own similar notice. All stockholders will have the ability to access the proxy materials on the website referred to in the Internet Notice or request to receive a printed set of the proxy materials. Instructions on how to request a printed copy by mail or electronically may be found on the Internet Notice and on the website referred to in the Internet Notice, including an option to request paper copies on an ongoing basis.

On or about April 1, 2016,March 28, 2018, we intend to make this Proxy Statement and our 2017 Annual Report to Stockholders, including our Annual Report on Form 10-K for the year ended December 31, 2017 (which we refer to as our “2017 Annual Report”), available on the Internet and to commence mailing of the Internet Notice to all stockholders entitled to vote at the Annual Meeting. We intend to mail this Proxy Statement and 2017 Annual Report, together with a proxy card, to those stockholders entitled to vote at the Annual Meeting who have properly requested paper copies of such materials, within three (3) business days of such request.

Important Notice Regarding the Availability of Proxy Materials for the 2016 Annual Meeting of Stockholders to be held on Wednesday, May 9, 2018

This Proxy Statement and the Company’sour 2017 Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (which we refer to as our “2015 Annual Report”) are available on the Internet, free of charge, athttp://www.astproxyportal.com/ast/19474/www.proxyvote.com. This On this website, contains the following documents: the Notice of the Annual Meeting,you will be able to access this Proxy Statement, our 2017 Annual Report, and proxy card sample, and our 2015 Annual Report. Youany amendments or supplements to these materials that are encouragedrequired to be furnished to stockholders. We encourage you to access and review all of the important information contained in the proxy materials before voting.

Who Can Vote, Outstanding SharesGENERAL INFORMATION ABOUT THE ANNUAL MEETING AND VOTING

Record holders of our common stock asWhen and where will the Annual Meeting be held?

The Annual Meeting will be held on Wednesday, May 9, 2018, at 1:00 p.m. local time, at the Hyatt Regency Denver Tech Center located at 7800 East Tufts Avenue, Denver, Colorado 80237.

What are the purposes of the closeAnnual Meeting?

The purposes of business on March 28, 2016, the record date for the Annual Meeting are entitled to vote on the following items described in this Proxy Statement:

Are there any matters to be voted on at the Annual Meeting on all matters to be voted upon. As of the record date, there were 21,126,214 shares of our common stock outstanding, each entitled to one vote.

Voting of Shares

You may vote by attending the Annual Meeting and votingthat are not included in person or you may vote by submitting a proxy. The method of voting by proxy differs (1) depending on whether you are viewing this Proxy Statement on the Internet or receiving a paper copy, and (2) for shares held as a record holder and shares held in “street name.” If you hold your sharesStatement?

We currently are not aware of common stock as a record holder and you are viewing this Proxy Statement on the Internet, you may vote by submitting a proxy over the Internet by following the instructions on the website referred to in the Notice previously mailed to you. If you hold your shares of common stock as a record holder and you are reviewing a paper copy of this Proxy Statement, you may vote your shares by completing, dating and signing the proxy cardany business that was included with the Proxy Statement and promptly returning it, or by submitting a proxy over the Internet or by telephone by following the instructions on the proxy card. If you hold your shares of common stock in street name, which means that your shares are held of record by a broker, bank or other nominee, you will receive a notice from your broker, bank or other nominee that includes instructions on how to vote your shares. Your broker, bank or other nominee will allow you to deliver your voting instructions over the Internet and may also permit you to vote by telephone. In addition, you may request paper copies of the Proxy Statement and proxy card from your broker by following the instructions on the notice provided by your broker.

The Internet and telephone voting facilities will close at 11:59 p.m. EDT on May 10, 2016. If you vote through the Internet, you should be aware that you may incur costs to access the Internet, such as usage charges from telephone companies or Internet service providers and that these costs must be borne by you. If you vote over the Internet or by telephone, then you need not return a written proxy card by mail.

YOUR VOTE IS VERY IMPORTANT. You should submit your proxy even if you plan to attend the Annual Meeting. If you properly give your proxy and submit it to us in time to vote, one of the individuals named as your proxy will vote your shares as you have directed. Any stockholder attending the Annual Meeting may vote in person even if he or she previously submitted a proxy.

All shares entitled to vote and represented by properly submitted proxies (including those submitted electronically, telephonically and in writing) received before the polls are closedpresented at the Annual Meeting and not revoked or superseded, will be voted at the Annual Meetingother than as described in accordance with the instructions indicated on those proxies.this Proxy Statement. If, no direction is indicated on a proxy, your shares will be voted as follows:FOR each of the five (5) nominees for director named in the Proxy Statement, andFOR the ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2016. With respect tohowever, any other matter thatis properly comes beforebrought at the Annual Meeting, or any continuation, postponement or adjournment thereof, the proxy-holders will vote as recommended by our Board, or if no recommendation is given, in their own discretion.

Revocation of Proxy

If you are a stockholder of record, you may revoke your proxy at any time beforeincludes discretionary authority on the part of the individuals appointed to vote your proxy is votedshares or act on those matters in accordance with their best judgment.

Who can attend the Annual Meeting?

All of our stockholders entitled to vote at the Annual Meeting by taking any of the following actions:

Written notices of revocation and other communications with respect to the revocation of Company proxies should be addressed to:

Century Communities, Inc.

8390 East Crescent Parkway, Suite 650

Greenwood Village, Colorado 80111

Attention: Corporate Secretary

Meeting. If your shares are held in “streetstreet name,” however, you may change yournot vote by submitting new voting instructions to your broker, bank or other nominee. You must contact your broker, bank or other nominee to find out how to do so. See below regarding how to vote in person if your shares are held in street name.

Voting in Person

If you plan to attend the Annual Meeting and wish to vote in person you will be given a ballot at the Annual Meeting. Please note, however, that if your shares are held in “street name,” which means your shares are held of record by a broker, bank or other nominee, and you wish to vote at the Annual Meeting unless you must bring to the Annual Meetingobtain a legal proxy from the record holder of the shares, which is the broker or other nominee, authorizing you to vote at the Annual Meeting.your shares.

Stockholders who wish to attend the Annual Meeting will be required to present verification of ownership of our common stock, such as a bank or brokerage firm account statement, and will be required to present a valid government-issued picture identification, such as a driver’s license or passport, to gain admittance to the Annual Meeting. No cameras, recording equipment, electronic devices, large bags, briefcases or packages will be permitted in the Annual Meeting.

Quorum and Votes RequiredWho is entitled to vote at the Annual Meeting?

The inspectorHolders of elections appointed forrecord of shares of our common stock, $0.01 par value, as of the close of business on March 15, 2018, the record date, will be entitled to notice of and to vote at the Annual Meeting will tabulate votes cast by proxyand any continuation, postponement or in personadjournment thereof. At the close of business on the record date, there were 29,644,097 shares of our common stock issued and outstanding and entitled to vote. Each share of our common stock is entitled to one vote on any matter presented to stockholders at the Annual Meeting. The inspector of elections will also determine whether a

How many shares must be present to hold the Annual Meeting?

A quorum is present. In order to constitute a quorum for the conduct of businessmust be present at the Annual Meeting for any business to be conducted. The presence at the Annual Meeting, in person or by proxy, of the holders of a majority in voting power of allour capital stock issued and outstanding and entitled to vote on the record date will constitute a quorum. Your shares will be counted toward the quorum if you submit a proxy or vote at the Annual Meeting. Shares represented by proxies marked “abstain” and “broker non-votes” also are counted in determining whether a quorum is present.

What if a quorum is not present at the Annual Meeting?

If a quorum is not present or represented at the scheduled time of the sharesAnnual Meeting, (i) the chairperson of the stockAnnual Meeting or (ii) a majority in voting power of the stockholders entitled to vote at the Annual Meeting, must be present in person or represented by proxy, atmay adjourn the Annual Meeting. SharesMeeting until a quorum is present or represented.

How do I vote my shares?

We recommend that abstain fromstockholders vote by proxy even if they plan to attend the Annual Meeting and vote in person. If you are a stockholder of record, there are three ways to vote by proxy:

Telephone and Internet voting on any proposal, or that are represented by broker non-votes (as discussed below),facilities for stockholders of record will be treatedavailable 24 hours a day and will close at 11:59 p.m., Eastern Daylight Savings Time, on May 8, 2018. If you vote through the Internet, you should be aware that you may incur costs to access the Internet, such as usage charges from telephone companies or Internet service providers and that these costs must be borne by you.

If your shares that are present and entitledheld in the name of a bank, broker or other holder of record, you will receive instructions on how to vote from the bank, broker or holder of record. You must follow the instructions of such bank, broker or holder of record in order for your shares to be voted. Telephone and Internet voting also may be offered to stockholders owning shares through certain banks and brokers. If your shares are not registered in your own name and you would like to vote your shares in person at the Annual Meeting, you should contact your bank, broker or agent to obtain a legal proxy or the bank’s or broker’s proxy card and bring it to the Annual Meeting in order to vote.

What is the difference between being a “record holder” and holding shares in “street name”?

A record holder holds shares in his or her name. Shares held in “street name” means that shares are held in the name of a bank or broker on a person’s behalf.

Am I entitled to vote if my shares are held in “street name”?

Yes. If your shares are held by a bank or a brokerage firm, you are considered the “beneficial owner” of those shares held in “street name.” If your shares are held in street name, these proxy materials are being forwarded to you by your bank or brokerage firm along with a voting instruction card. As the beneficial owner, you have the right to direct your bank or brokerage firm how to vote your shares, and your bank or brokerage firm is required to vote your shares in accordance with your instructions.

What are broker non-votes?

Generally, broker non-votes occur when shares held by a broker in “street name” for a beneficial owner are not voted with respect to a particular proposal because the broker (1) has not received voting instructions from the beneficial owner and (2) lacks discretionary voting power to vote those shares.

A broker is entitled to vote shares held for a beneficial owner on routine matters. The ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm in Proposal No. 2 is a routine matter; and accordingly, a broker is entitled to vote shares held for a beneficial owner on that proposal, without instructions from such beneficial owner. On the other hand, absent instructions from a beneficial owner, a broker is not entitled to vote shares held for such beneficial owner on non-routine matters. We believe based on the rules of the New York Stock Exchange (NYSE) that the election of directors in Proposal No. 1, the advisory vote on executive compensation in Proposal No. 3 and the advisory vote on the frequency of future advisory votes on executive compensation in Proposal No. 4 are non-routine matters; and accordingly, brokers do not have authority to vote on such matters absent instructions from beneficial owners. Whether a voting proposal is ultimately determined routine or non-routine is determined by the NYSE. Accordingly, if beneficial owners desire not to have their shares voted by a broker in a certain manner, they should give instructions to their brokers as to how to vote their shares.

Broker non-votes count for purposes of determining whether a quorum is present.

How does the authority to vote in their discretion on “routine” proposals when they have not received instructions from beneficial owners. However, brokers are not allowed to exercise their voting discretion with respect toBoard recommend that I vote?

The Board recommends that you vote:

If you return a properly completed proxy card, or vote your shares by telephone or Internet, your shares of common stock will be voted on your behalf as you direct. If not otherwise specified, the shares of common stock represented by the proxies will be voted in accordance with the Board’s recommendations.

How many votes are required for the approval of the proposals to be voted upon and thus,how will withheld votes, abstentions and broker non-votes be treated?

What if I do not specify how my shares are generally not expected to result from the vote on Proposal No. 2.

Solicitation of Proxiesbe voted?

OurIf you submit a proxy but do not indicate any voting instructions, the persons named as proxies will vote in accordance with the recommendations of the Board, is soliciting proxiesas described above.

What does it mean if I receive more than one Internet Notice or more than one set of proxy materials?

It means that your shares are held in more than one account at the transfer agent and/or with banks or brokers. Please vote all of your shares. To ensure that all of your shares are voted, for each Internet Notice or set of proxy materials, please submit your proxy by phone, via the Internet, or, if you received printed copies of the proxy materials, by signing, dating and returning the enclosed proxy card in the enclosed envelope.

Can I revoke or change my vote after I submit my proxy?

Yes. If you are a registered stockholder, you may revoke your proxy or change your vote at any time before your shares are voted by one of the following methods:

Written notices of soliciting proxies from our stockholders. In additionrevocation and other communications with respect to the solicitationrevocation of proxies by delivery ofshould be addressed to:

Century Communities, Inc.
8390 East Crescent Parkway, Suite 650
Greenwood Village, Colorado 80111
Attention: Corporate Secretary

Your most recent proxy card or telephone or Internet proxy is the Notice or this Proxy Statement by mail, we will requestone that brokers, banks and other nominees that hold shares of our common stock, which are beneficially owned by our stockholders, send Notices, proxies and proxy materials to those beneficial owners and secure those beneficial owners’ voting instructions. We will reimburse those record holders for their reasonable expenses. We do not intend to hire a proxy solicitor to assist in the solicitation of proxies. We may use several of our regular employees, who will not be specially compensated, to solicit proxies from our stockholders, either personally or by Internet, telephone, facsimile or special delivery letter.

Stockholder List

A list of stockholders eligible to voteis counted. Your attendance at the Annual Meeting by itself will be available for inspection, for any purpose germanenot revoke your proxy unless you give written notice of revocation to the Secretary before your proxy is voted or you vote in person at the Annual Meeting.

If your shares are held in street name, you may change or revoke your voting instructions by following the specific directions provided to you by your bank or broker, or you may vote in person at the Annual Meeting by obtaining a legal proxy from your bank or broker and submitting the legal proxy along with your ballot.

Where can I find the voting results of the Annual Meeting?

We plan to announce preliminary voting results at the principal executive office ofAnnual Meeting and will report the Company during regularfinal results in a Current Report on Form 8-K, which we intend to file with the Securities and Exchange Commission (SEC) within four business hours for a period of no less than ten (10) days prior toafter the Annual Meeting.

Forward-Looking StatementsPROPOSAL NO. 1

ELECTION OF DIRECTORS

This Proxy Statement contains “forward-looking statements” (as defined inBoard Size and Structure

Our Bylaws provide that the Private Securities Litigation Reform ActBoard shall consist of 1995). These statements are based on our current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth inone or more members, with the statements. The forward-looking statements may include statements regarding actionsnumber to be takendetermined from time to time by us. We undertake no obligationthe Board. The Board has fixed the number of directors at five, and we currently have five directors serving on the Board. Each director holds office for a term of one year or until his or her successor is duly elected and qualified, subject to publicly update any forward-looking statement, whether as a result of new information, future eventshis or otherwise. Forward-looking statements should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the risk factors in Item 1A of our 2015 Annual Reporther earlier death, resignation, disqualification or removal.

Current Directors and in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K.

PROPOSAL NO. 1

ELECTION OF DIRECTORS

Board Nominees

OurThe Board currently consists of the following five (5) members, three (3) of whom are independent within our director independence standards, which satisfy the listing standards for independence of the NYSE and Rule 10A-3 under the Securities Exchange Act of 1934, as amended (which we refer to as the “Exchange Act”). members:

Based upon the recommendation of the Nominating and Corporate Governance Committee of ourthe Board, (which we refer to as the “Nominating and Corporate Governance Committee”), our Board nominated each of the Company’sour current five directors named above for re-election at the Annual Meeting.

Our The Board and the Nominating and Corporate Governance Committee believe thethat our current five directors collectively have or will have the experience, qualifications, attributes and skills to effectively oversee the management of the Company,Century, including a high degree of personal and professional integrity, an ability to exercise sound business judgment on a broad range of issues, sufficient experience and background to have an appreciation of the issues facing the Company,Century, a willingness to devote the necessary time to Board duties, a commitment to representing the best interests of the CompanyCentury and our stockholders, and a dedication to enhancing stockholder value. Three of our five directors are independent within our director independence standards, which satisfy the listing standards for independence of the New York Stock Exchange and Rule 10A-3 under the Securities Exchange Act of 1934, as amended (Exchange Act).

Each director elected at the Annual Meeting will serve a one (1)-yearone-year term until the Company’sCentury’s next annual meeting and until his or her successor is duly elected and qualified or until his or her earlier death, resignation, disqualification or removal. Unless otherwise instructed, the proxy-holders will vote the proxies received by them for the five (5) nominees named below. If any of the nominees is unable, or declines to serve as a director at the time of the Annual Meeting, the proxies will be voted for any nominee designated by the present Board to fill the vacancy. It is not presently expected that any of the nominees named below will be unable or will decline to serve as a director. If additional persons are nominated for election as directors, the proxy-holders intend to vote all proxies received by them in a manner to assure the election of as many of the nominees listed below as possible. In such event, the specific nominees to be voted for will be determined by the proxy-holders.

Set forth below are the names, ages and positions of our directors as of the date of this Proxy Statement:

Board Recommendation

OUR BOARD RECOMMENDS A VOTE “FOR” EACH OF THE FIVE (5) NOMINEES FOR DIRECTOR NAMED IN THIS PROXY STATEMENT.

Vacancies on our Board, including any vacancy created by an increase in the size of our Board, may be filled only by a majority of the directors remaining in office (even though less than a quorum of our Board) or a sole remaining director, and not by stockholders. A director elected by our Board to fill a vacancy will serve until the next annual meeting of stockholders and until such director’s successor is elected and qualified, or until such director’s earlier retirement, resignation, disqualification, removal or death.

nominees. If any nominee should become unavailable for election prior to the Annual Meeting, an event that currently is not anticipated by ourthe Board, the proxies will be voted in favor of the election of a substitute nominee or nominees proposed by ourthe Board. Each nominee has agreed to serve if elected and ourthe Board has no reason to believe that any nominee will be unable to serve.

Information about Director Nominees

Set forth below isare the names, ages and positions of our current directors and director nominees as of March 15, 2018 and biographical information for each nominee andnominee. Also below is a summary of the specific qualifications, attributes, skills and experiences whichthat led ourthe Board to conclude that each nominee should serve on ourthe Board at this time. There are no family relationships among any of theour directors or executive officers, of the Company, except for Dale Francescon and Robert J. Francescon, who are brothers.

Dale Francescon. Mr. Dale Francescon serveshas served as our Co-Chief Executive Officer since August 2002 and has served as the Chairman of our Board of Directors since April 30, 2013. Mr. Dale Francescon possesses a broad background in all facets of operating a real estate company, and has had direct responsibility for the acquisition, financing, development, construction, sale and management of various residential projects including land development, single-family homes, townhomes, condominiums and apartments. Mr. Dale Francescon has successfully managed the Company, a top 25 national homebuilder, through successive profitable years, in various economic cycles, from inception in August 2002 to the present. Prior to the formation of the Company, from 1996 to 2000, Mr. Dale Francescon served as Co-Division President for D.R. Horton, the largest homebuilder in the United States. Prior to his tenure at D.R. Horton, Mr. Dale Francescon owned and operated Trimark Communities from 1993 to 1996 when it was sold to D.R. Horton. Trimark Communities was the largest builder of attached, for sale homes in the state of Colorado. Mr. Dale Francescon is actively involved in various civic and professional organizations. Mr. Dale Francescon is licensed in the state of Colorado as a real estate broker (inactive) and in the state of California as an attorney (inactive) and a certified public accountant (inactive). Mr. Dale Francescon received his B.S. in Business Administration from the University of Southern California and a J.D. from Loyola University School of Law. Mr. Dale Francescon, as a co-founder of the Company,Century, is qualified to serve as a director due to his familiarity with our history and day-to-day operations, his expertise in the homebuilding industry, and his more than 25 years of experience operating real estate companies. In addition, as a result of his dual role as Chairman and Co-Chief Executive Officer, Mr. Dale Francescon provides unique insight into our future strategies, opportunities and challenges and serves as a unifying element between the Board and our management.

Robert J. Francescon. Mr. Robert J. Francescon serveshas served as our Co-Chief Executive Officer andsince August 2002, as President since April 2013 and has served as a member of our Board of Directors since April 30, 2013. Mr. Robert J. Francescon possesses a broad background in all facets of operating a real estate company, and has had direct responsibility for the acquisition, financing, development, architecture, construction, sale and management of various residential projects including land development, single-family homes, townhomes, condominiums and apartments. Mr. Robert J. Francescon has successfully managed the Company, a top 25 national homebuilder, through successive profitable years, in various economic cycles, from inception in August 2002 to the present. Prior to the formation of the Company, from 1996 to 2000, Mr. Robert J. Francescon served as Co-Division President for D.R. Horton, the largest homebuilder in the United States. Prior to his tenure at D.R. Horton, Mr. Robert J. Francescon owned and operated Trimark Communities from 1993 to 1996 when it was sold to D.R. Horton. Trimark Communities was the largest builder of attached, for sale homes in the state of Colorado. Mr. Robert J. Francescon also has management experience working in a variety of financial institutions, including thrifts and the Federal Home Loan Mortgage Corporation. Mr. Robert J. Francescon is actively involved in various civic and professional organizations. Mr. Robert J. Francescon received his B.S. in Business Administration from the University of Southern California. Mr. Robert J. Francescon, as a co-founder of the Company,Century, is qualified to serve as a director due to his familiarity with our history and day-to-day operations, his management experience in various business enterprises, and his more than 25 years of experience as a senior executive within the homebuilding industry.

*James M. Lippman. Mr. Lippman is In addition, as a result of his dual role as director and has served onCo-Chief Executive Officer, Mr. Robert Francescon provides unique insight into our Board of Directors since May 7, 2013. Mr. Lippman founded JRK Property Holdings in 1991future strategies, opportunities and currentlychallenges and serves as its Chairmana unifying element between the Board and Chief Executive Officer. From an initial purchase of five multifamily properties, JRK has grown to a national leader in the commercial real estate sector. In 2011, JRK was featured as the 25th largest Multifamily Owner and Manager in the U.S. by the National Multi Housing Council and ranked 27th in the nation by Multifamily Executive Magazine. Mr. Lippman is actively involved with Cedar-Sinai Medical Center, where he serves on its board of directors, chairs its audit committee, and is a member of its executive committee, resource development committee, and executive compensation committee. In addition, Mr. Lippman currently serves on the board of trustees of Union College. Mr. Lippman also worked on Wall Street for many years where he traded equities, options and commodities for proprietary investment accounts. Mr. Lippman earned a B.A. in Economics and Political Science from Union College. Mr. Lippman is qualified to serve as a director because of his extensive leadership experience within the real estate industry, his financial management expertise, and his extensive contacts with senior real estate executives throughout the United States.our management.

*Keith R. Guericke. Mr. Guericke is a director and has served on our Board of Directors since May 7, 2013. Mr. Guericke has served as a director of the board of Essex Property Trust, Inc. (which we refer to as “Essex”) since June 1994. In 2002, Mr. Guericke was elected to the position of vice chairman of the board of Essex, a position he still holds. He held the position of President and Chief Executive Officer of Essex from 1988 through 2010. Effective January 2011, Mr. Guericke retired from his position as an executive officer. Mr. Guericke joined Essex’s predecessor, Essex Property Corporation, in 1977 to focus on investment strategies and portfolio expansion. Mr. Guericke prepared Essex for its initial public offering in 1994, and since then has overseen the significant growth of the Essex multifamily portfolio in supply-constrained markets along the West Coast. Prior to joining Essex, Mr. Guericke began his career with Kenneth Leventhal & Company, a certified public accounting firm noted for its real estate expertise. Mr. Guericke is a member of NAREIT, the National Multi-Housing Council, and several local apartment industry groups. Mr. Guericke received his B.S. in Accounting from Southern Oregon College in 1971. Mr. Guericke is qualified to serve as a director because of his extensive leadership experience at a publicly traded company, his expansive knowledge of the real estate industry, his strong relationships with many executives at real estate companies throughout the United States and his expertise in accounting and finance.

*John P. Box. Mr. Box is a director and has served on ourthe Board of Directors since May 23, 2014. Mr. Box is a commercial real estate practitioner who has served as regional chairman of Newmark Grubb Knight Frank since 2013. Prior to his current role, from 1988 through 2012, Mr. Box was President and Chief Executive Officer of the Frederick Ross Company, the largest locally owned commercial real estate service business in Colorado. Under his watch, the Frederick Ross Company diversified into several independent operating divisions and was active in commercial brokerage, consulting and property management, as well as apartment building and multi-family land sales. Mr. Box was recognized as honorary dean for 2002 by the University of Denver Franklin L. Burns School of Real Estate and Construction Management, and in 2001, he was awarded the 2000 NAIOP President’s Award for contributions to the real estate community. Earlier in his career, Mr. Box was recognized four times by the Denver Board of REALTORS^®REALTORS® as the recipient of the top commercial sales award for achieving the highest personal sales volume in the Denver area. Mr. Box also serves on the board of trustees for Regis University, on the board of directors for the National Crime Prevention Council, and is former board chair of ONCOR International, a worldwide affiliation of real estate companies. Mr. Box is qualified to serve as a director because of his extensive leadership within the real estate industry, his relationships with many executives at real estate companies throughthroughout the United States, and his proven ability to successfully grow and diversify a real estate business.

Keith R. Guericke. Mr. Guericke is a director and has served on the Board of Directors since May 2013. Mr. Guericke has served as a director of the board of Essex Property Trust, Inc. (Essex) since June 1994. In 2002, Mr. Guericke was elected to the position of vice chairman of the board of Essex, a position he still holds. He held the position of President and Chief Executive Officer of Essex from 1988 through 2010. Effective January 2011, Mr. Guericke retired from his position as an executive officer. Mr. Guericke joined Essex’s predecessor, Essex Property Corporation, in 1977 to focus on investment strategies and portfolio expansion. Mr. Guericke prepared Essex for its initial public offering in 1994, and since then has overseen the significant

growth of the Essex multifamily portfolio in supply-constrained markets along the West Coast. Prior to joining Essex, Mr. Guericke began his career with Kenneth Leventhal & Company, a certified public accounting firm noted for its real estate expertise. Mr. Guericke is a member of NAREIT, the National Multi-Housing Council, and several local apartment industry groups. Mr. Guericke received his B.S. in Accounting from Southern Oregon College in 1971. Mr. Guericke is qualified to serve as a director because of his extensive leadership experience at a publicly traded company, his expansive knowledge of the real estate industry, his strong relationships with many executives at real estate companies throughout the United States and his expertise in accounting and finance.

James M. Lippman. Mr. Lippman is a director and has served on the Board of Directors since May 2013. Mr. Lippman founded JRK Property Holdings (JRK) in 1991 and currently serves as its Chairman and Chief Executive Officer. From an initial purchase of five multifamily properties, JRK has grown to a national leader in the commercial real estate sector. In 2011, JRK was featured as the 25^th largest Multifamily Owner and Manager in the U.S. by the National Multi Housing Council and ranked 27^th in the nation by Multifamily Executive Magazine. Mr. Lippman is actively involved with Cedar-Sinai Medical Center, where he serves on its board of directors, chairs its audit committee, and is a member of its executive committee, resource development committee, and executive compensation committee. In addition, Mr. Lippman currently serves on the board of trustees of Union College. Mr. Lippman also worked on Wall Street for many years where he traded equities, options and commodities for proprietary investment accounts. Mr. Lippman earned a B.A. in Economics and Political Science from Union College. Mr. Lippman is qualified to serve as a director because of his extensive leadership experience within the real estate industry, his financial management expertise, and his extensive contacts with senior real estate executives throughout the United States.

Board Recommendation

The Board unanimously recommends that our stockholders vote “FOR” the election of Dale Francescon, Robert J. Francescon, John P. Box, Keith R. Guericke and James M. Lippman to serve as members of the Board until the next annual meeting of stockholders and until their successors are duly elected and qualified.

CORPORATE GOVERNANCE

Corporate Governance Guidelines

OurThe Board has adopted corporate governance guidelinesCorporate Governance Guidelines covering, among other things, the duties and responsibilities of, and independence standards applicable to, our directors and Board committee structures and responsibilities. These guidelinesAmong the topics addressed in our Corporate Governance Guidelines are:

Our Corporate Governance Guidelines are available on the “Governance“Investors—Corporate Governance—Governance Documents” section of our website.website located at www.centurycommunities.com. In addition, a printed copy of our corporate governance guidelinesCorporate Governance Guidelines is available free of charge to any stockholder who requests a copy by sending a written request to: Century Communities, Inc., 8390 East Crescent Parkway, Suite 650, Greenwood Village, Colorado 80111, Attention: Corporate Secretary. From time to time, the Board, upon recommendation of the Nominating and Corporate Governance Committee, reviews and updates the Corporate Governance Guidelines as it deems necessary and appropriate.

Board CompositionSize and SizeComposition; Director Nomination Process

OurThe Board currently consists of five (5) directors, each of whom was elected at our 20152017 Annual Meeting of Stockholders held on May 13, 2015.10, 2017. The Board has nominated each of these five current directors are each nominated for re-election at the Annual Meeting as described above, andMeeting. If elected, these directors will hold office until the 2019 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified, or untilsubject to his or her earlier death, resignation, disqualification or removal.

Pursuant to the Company’s Certificate of Incorporation andour Bylaws, the total number of directors constituting ourthe Board shall beis determined from time to time by action of the Board. All directors will be elected, appointed and removed by all common stockholders voting as a single class. Each of the members of ourthe Board will be elected at an annual meeting of the stockholders and will hold office until the next annual meeting of the stockholders, and until his or her successor is duly elected and qualified, or until his or her earlier death, resignation, removaldisqualification or disqualification.removal.

Vacancies and newly created directorships resulting from any increase in the authorized number of directors may be filled only by a majority of the directors then in office (although less than a quorum) or by a sole remaining director, and not by stockholders, and the directors so chosen will hold office until the next annual or special meeting of stockholders called for that purpose and until their successors are duly elected and qualified, or until their earlier death, resignation, removaldisqualification or disqualification.removal.

OurThe Board seeks to ensure that the Board is composed of members whose particular experience, qualifications, attributes and skills, when taken together, will allow ourthe Board to satisfy its oversight responsibilities effectively. New directors are approved by ourthe Board after recommendation by the Nominating and Corporate Governance Committee. In identifying candidates for director, the Nominating and Corporate Governance Committee and ourthe Board take into account the following: (1)(i) the comments and recommendations of Board members regarding the qualifications and effectiveness of the existing Board, or additional qualifications

that may be required when selecting new Board members, (2)members; (ii) the requisite expertise and sufficiently diverse backgrounds of ourthe Board’s overall membership composition, (3)composition; (iii) the independence of outside directors and other possible conflicts of interest of existing and potential members of our Board,the Board; and (4)(iv) any other factors they consider appropriate.

When considering whether directors and nominees have the experience, qualifications, attributes and skills, taken as a whole, to enable ourthe Board to satisfy its oversight responsibilities effectively in light of the Company’s business and structure, the Nominating and Corporate Governance Committee and ourthe Board focused primarily on the information discussed in each of the directors’ individual biographies set forth above.biographies. Although diversity may be a consideration in the selection of directors, the Company and ourthe Board do not have a formal policy with regard to the consideration of diversity in identifying director nominees.

Board Leadership Structure

Our current leadership structure permitsThe Nominating and Corporate Governance Committee will consider director candidates recommended to it by our stockholders. Those candidates must be qualified and exhibit the roles of Chairmanexperience and expertise required of the Board’s own pool of candidates, as well as have an interest in our business, and the demonstrated ability to attend and prepare for Board, committee and Co-Chief Executive Officer to be filledstockholder meetings. Any candidate must state in advance his or her willingness and interest in serving on the Board. Candidates should represent the interests of all stockholders and not those of a special interest group. The Nominating and Corporate Governance Committee will evaluate candidates recommended by stockholders using the same or different individuals. Effectivecriteria it uses to evaluate candidates recommended by others as of April 30, 2013, Dale Francescon assumed the role of Chairman ofdescribed above. A stockholder that desires to nominate a person for election to the Board at a meeting of stockholders must follow the specified advance notice requirements contained in, and Co-Chief Executive Officer, with Robert J. Francescon assumingprovide the rolespecific information required by, our Bylaws, as described under “Shareholder Proposals and Director Nominations for 2019 Annual Meeting” later in this Proxy Statement. During the fourth quarter of

Chairman of ourthe Board and the Co-Chief Executive Officers of the Company as to agenda items for Board and committee meetings and advising them of the outcome of such meetings, as necessary,necessary; and (iii) coordinate with Board committee chairs in the development and recommendations of Board and Board committee meeting agendas.

Mr. Keith R. Guericke has beenserved as presiding independent director for 2017 and was recently appointed again by our independent directors as the presiding independent director for 2018.

Board Leadership Structure

Our Corporate Governance Guidelines provide that the 2016 fiscal year.

Keith R. Guericke has been designated asThe Audit Committee charter authorizes the Audit Committee financial expert,to retain independent legal, accounting and other advisors as that term is defined init deems necessary to carry out its responsibilities. The Audit Committee reviews and evaluates, at least annually, the rulesperformance of the SEC.Audit Committee, including compliance with its charter.

Compensation Committee

The Compensation Committee is comprised of our three (3) independent directors, James M. Lippman,John P. Box, Keith R. Guericke and John P. Box.James M. Lippman, each of whom the Board has determined satisfies the heightened independence criteria for compensation committee members under the NYSE rules. In addition, each of the Compensation Committee members is a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act and a an “outside director” under Code Section 162(m). Mr. Lippman serves as the chairpersonChair of the Compensation Committee. The Compensation Committee held six (6) meetings during fiscal year 2015.

The Compensation Committee, pursuant to its written charter, among other matters:

The Compensation Committee charter also authorizes the Compensation Committee to retain a compensation consultant, independent legal counsel and other advisors and consultants as it deems necessary or appropriate to carry out its responsibilities. In February 2014,During 2017, the Compensation Committee retained Compensation and& Benefit Solutions, LLC (which we refer to as “CBS”) as its independent compensation consultant, and CBS acted(CBS) as the Compensation Committee’s independentexternal compensation consultant, during fiscal year 2015. and in October 2017, retained Frederic W. Cook & Co., Inc. (FW Cook) as its external compensation consultant, to provide certain services related to executive and non-employee director compensation. The Compensation Committee effected this change in consultants because it believed it is important to obtain fresh ideas and perspectives on our compensation programs.

The Compensation Committee considers analysis and advice from CBSthese consultants when making compensation decisions and when making decisions on plan design. Specifically, the Compensation Committee relies on CBSthem for, among other things:

The Compensation Committee may request information or advice directly from CBSits consultant and may direct our management to provide or solicit information from CBS.them. The principal consultant for CBS regularly interacts with our management. The principal consultant for CBS attended one (1) of the six (6)management and from time to time attends Compensation Committee meetings held during fiscal year 2015.meetings.

During 2017, neither CBS was paid approximately $62,000 for services rendered during 2015. During 2015, CBS did not providenor FW Cook provided any services to the Company unrelated to executive compensation, did notor director compensation. After considering the relevant factors, the Compensation Committee determined that no conflicts of interest have any businessbeen raised in connection with the services CBS or personal relationships with any membersFW Cook performed for the Compensation Committee in 2017.

The Compensation Committee reviews and evaluates, at least annually, the performance of the Compensation Committee, and maintained policies and procedures designed to avoid conflicts of interest.including compliance with its charter.

Nominating and Corporate Governance Committee

The Nominating and Corporate Governance Committee is comprised of our three (3) independent directors, James M. Lippman,John P. Box, Keith R. Guericke and John P. Box.James M. Lippman. Mr. Box serves as the chairpersonChair of the Nominating and Corporate Governance Committee. The nominating and corporate governance held two (2) meetings during fiscal year 2015.

The Nominating and Corporate Governance Committee, pursuant to its written charter, among other matters:

Other Committees

Our Board may establishThe Nominating and Corporate Governance Committee charter authorizes the Nominating and Corporate Governance Committee to retain a search firm or other committeesconsultants to assist in the identification and evaluation of director candidates, including the sole authority to approve the search firm’s or other consultants’ fees and other retention terms. The Nominating and Corporate Governance Committee also has authority to obtain advice and assistance from any outside legal expert or other advisors as it deems necessary or appropriate fromto carry out its responsibilities.

The Nominating and Corporate Governance Committee reviews and evaluates, at least annually, the performance of the Nominating and Corporate Governance Committee, including compliance with its charter.

Board and Board Committee Meetings; Director Attendance

The Board held eight meetings during 2017. The Audit Committee held eight meetings, the Compensation Committee held six meetings, and the Nominating and Corporate Governance Committee held two meetings during 2017. All directors attended at least 75% of the combined total of (i) all Board meetings and (ii) all meetings of committees of the Board of which the director was a member during 2017.

We expect all of our directors to attend our annual meeting of stockholders and we customarily schedule a regular Board meeting on the same day as our annual meeting. All directors serving at the time to time.of our 2017 Annual Meeting of Stockholders held on May 10, 2017 were in attendance.

Role of our Board of Directors in Risk Oversight

Risk is inherent with every business. We face a number of risks, including financial (accounting, credit, interest rate, liquidity and tax), operational, political, strategic, regulatory, compliance, legal, competitive, and reputational risks. Our management is responsible for the day-to-day management of risks faced by us, while the Board, as a whole and through its committees, has responsibility for the oversight of risk management. In its risk oversight role, the Board ensures that the risk management processes designed and implemented by management are adequate and functioning as designed. The Board oversees risks through the establishment of policies and

procedures that are designed to guide daily operations in a manner consistent with applicable laws, regulations and risks acceptable to us. Our Co-Chief Executive Officers are members of the Board and regularly attend Board meetings and discuss with the Board the strategies and risks facing our Company.

One of the key functions of ourthe Board is informed oversight of our risk management process. OurThe Board administers this oversight function directly, with support from its three (3) standing committees (the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee), each of which will addressaddresses risks specific to its respective areas of oversight. In particular, the Audit Committee will havehas the responsibility to consider and discuss our major financial risk exposures and the steps our management takes to monitor and control these exposures, including guidelines and policies to govern the process by which risk assessment and management is undertaken. The Audit Committee will also monitormonitors compliance with legal and regulatory requirements, in addition to oversight of the performance of our internal audit function. The Compensation Committee will assessassesses and monitormonitors whether any of our compensation policies and programs has the potential to encourage excessive risk-taking. The Nominating and Corporate Governance Committee will provideprovides risk oversight with respect to corporate governance matters.

Code of Business Conduct and Ethics

The Board has adopted a Code of Business Conduct and Ethics that applies to our officers, directors and any employees. Among other matters, our Code of Business Conduct and Ethics is designed to deter wrongdoing and to promote the following:

Any waiver of our corporate governance guidelines, including whether such guidelines are successful in preventing illegal or improper liability-creating conduct.

Compensation Committee InterlocksCode of Business Conduct and Insider Participation

During their service on the Compensation Committee, none of the members had any relationship requiring disclosure under Item 404 of Regulation S-K, and none of the members of the Compensation Committee has ever been an officer or employee of the Company or any of its subsidiaries. None ofEthics for our executive officers, serves,directors or any employees may be made only by the Nominating and Corporate Governance Committee and will be promptly disclosed as required by law and NYSE rules.

Our Code of Business Conduct and Ethics is available in the past has served, as a member of the Compensation Committee, or other committee serving an equivalent function, of any entity that has one or more executive officers who serve as members“Investors—Corporate Governance—Governance Documents” section of our Board or the Compensation Committee.website located at www.centurycommunities.com. In addition, printed copies of our Code of Business Conduct and Ethics are available upon written request to Century Communities, Inc., 8390 East Crescent Parkway, Suite 650, Greenwood Village, Colorado 80111, Attention: Corporate Secretary.

Communications with the Board of DirectorsDirectors; Complaint Procedures

Any stockholder or other interested party may contact an individual director, ourthe Board as a group, or a specified Board committee or group, including the non-management directors as a group, by sending written communication to:

Century Communities, Inc.

8390 East Crescent Parkway, Suite 650

Greenwood Village, Colorado 80111

Attention: Corporate Secretary

Management will initially receive and process communications before forwarding them to the addressee(s). We generally will not forward to the directors a communication that is primarily commercial in nature, relates to an improper or irrelevant topic, or requests general information about the Company.

CodeWe maintain procedures to receive, retain and treat complaints regarding accounting, internal accounting controls or auditing matters and to allow for the confidential and anonymous submission by employees of Business Conductconcerns regarding questionable accounting or auditing matters. A 24-hour, toll-free confidential ethics hotline and Ethics

Our Board has adopted a codeconfidential web-based reporting tool are available for the submission of business conductconcerns regarding these and ethics (which we refer to as our “Code of Business Conduct and Ethics”) that applies to our officers, directors and any employees. Among other matters by any employee. Concerns and questions received through these methods relating to accounting, internal accounting controls or auditing matters are promptly brought to the attention of the Chair of the Audit Committee and are handled in accordance with procedures established by the Audit Committee. Complete information regarding our complaint procedures is contained within our Code of Business Conduct and Ethics, which is designed to deter wrongdoingdescribed above and to promote the following:

Any waiver of our Code of Business Conduct and Ethics for our executive officers, directors or any employees may be made only by the Nominating and Corporate Governance Committee and will be promptly disclosedaccessed on our website as required by law and NYSE regulations.noted above.

PROPOSAL NO. 2

RATIFICATION OF APPOINTMENT OF

INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Appointment of Independent Registered Public Accounting Firm

The Audit Committee appoints our independent registered public accounting firm, or independent auditor. In this regard, the Audit Committee evaluates the qualifications, performance and independence of our independent auditor and determines whether to re-engage the current auditor. As part of its evaluation, the Audit Committee considers, among other factors, the quality and efficiency of the services provided by the independent auditor, including the performance, technical expertise, and industry knowledge of the lead audit partner and the audit team assigned to our account; the overall strength and reputation of the audit firm; the auditor’s national capabilities relative to our business; the auditor’s knowledge of our operations; and the auditor’s fees. Upon consideration of these and other factors, the Audit Committee has appointed Ernst & Young LLP (which we refer(E&Y) to as “E&Y”)serve as our independent registered public accounting firm for the fiscal year ending December 31, 2016, and our Board has directed that management submit2018.

Stockholder ratification of the appointmentselection of E&Y as our independent registered public accounting firm is not required by our Bylaws or otherwise. However, the Board is submitting the appointment of E&Y to the stockholders for ratification as a matter of corporate practice. If our stockholders fail to ratify the appointment, the Audit Committee will reconsider whether or not to retain E&Y. Even if the selection is ratified by our stockholders, the stockholdersAudit Committee, in its discretion, may direct the appointment of a different independent registered public accounting firm at any time during the Annual Meeting. year if the Audit Committee determines that such a change would be in the best interests of Century and our stockholders.

A representative of E&Y is expected to be present at the Annual Meeting and will have an opportunity to make a statement if he or she so desires and will be available to respond to appropriate questions.

Stockholder ratification of the selection of E&Y as our independent registered public accountants is not required by our Bylaws or otherwise. However, our Board is submitting the appointment of E&Y to the stockholders for ratification as a matter of corporate practice. If the stockholders fail to ratify the appointment, the Audit, Committee will reconsider whether or not to retain E&Y. Even if the selection is ratified, the Audit Committee, in its discretion, may direct the appointment of a different independent registered public accountant at any time during the year if the Audit Committee determines that such a change would be in the Company’sAudit-Related, Tax and our stockholders’ best interests.

Board Recommendation

OUR BOARD RECOMMENDS A VOTE “FOR” THE RATIFICATION OF ERNST & YOUNG LLP

AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

FOR THE FISCAL YEAR ENDING DECEMBER 31, 2016.

Other Fees Incurred for Services by Principal Accountant

The fees billed for professional services provided by E&Y in fiscal years 20152017 and 20142016 were:

In the above table, in accordance with the definitions of the SEC, “Audit Fees” includeconsisted of fees for the audit of our consolidated financial statements included in our 20152017 Annual Report, reviewreviews of the unaudited financial statements included in our Quarterly Reports on Form 10-Q, registration statements,and consultation concerning financial accounting and reporting standards, as well as services normally provided in connection with statutory and regulatory filings or engagements, comfort letters, consents and assistance with documents filed with the SEC, and accounting and reporting consultation in connection withSEC. Audit Fees also included fees for the audit and/or quarterly reviews.of the effectiveness of our internal control over financial reporting as required by Section 404 of the Sarbanes-Oxley Act. For 2017, Audit Fees also included fees associated with our senior note and equity offerings and our merger with UCP.

“Audit-Related Fees” consisted of fees for assurance and related services, including fees for services performed related to due diligence on acquisitions.

“Tax Fees” consisted of fees billed for permissible tax consulting, planning and compliance services.

“All Other Fees” consisted of subscription fees for Internet-based professional literature.

Pre-Approval Policies and Procedures

The Audit Committee has responsibility for selecting, appointing, evaluating, compensating, retaining and overseeing the work of theour independent registered public accounting firm. In recognition of this responsibility, the Audit Committee has established policies and procedures in its charter regarding pre-approval of any audit

and non-audit service provided to the CompanyCentury by theour independent registered public accounting firm and the fees and terms thereof. Briefly, any audit and non-audit service provided to us by our independent registered public accounting firm must be pre-approved by the Audit Committee or the Chair of the Audit Committee.

The Audit Committee considered the compatibility of the provision of other services provided by its registered public accountantE&Y with the maintenance of theirits independence. The Audit Committee approved all audit and non-audit services provided by E&Y in 20152017 and 2014.

PROPOSAL NO. 3

ADVISORY VOTE ON EXECUTIVE COMPENSATION

AsBackground

The Board is providing our stockholders with an advisory vote on our executive compensation pursuant to the Dodd-Frank Wall Street Consumer Protection Act (Dodd-Frank Act), and Section 14A of March 28, 2016, there are 21,126,214 sharesthe Exchange Act. This advisory vote, commonly known as a say-on-pay vote, is a non-binding vote on the compensation paid to our named executive officers as set forth in the “Executive Compensation” section of this Proxy Statement beginning on page 25, including in the “Compensation Discussion and Analysis,” the accompanying compensation tables and the corresponding narrative discussion and footnotes. This is our first say-on-pay vote. We were previously exempt from the say-on-pay requirements as a result of our common stock outstanding. The following table sets forthprior status as an “emerging growth company” under the beneficial ownershipJumpstart Our Business Startups Act of 2012 (JOBS Act).

Proposed Resolution and Reasons Why You Should Vote in Favor of our common stock as of March 28, 2016 by:Say-on-Pay Vote

PROPOSAL NO. 4

ADVISORY VOTE ON THE FREQUENCY OF
FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION

Background

The Board is providing our stockholders with an advisory vote on the frequency of future advisory votes on executive compensation, or entity known by ussay-on-pay votes, such as that provided for in Proposal No. 3—Advisory Vote on Executive Compensation. This non-binding advisory vote is required to be conducted every six years under Section 14A of the Exchange Act pursuant to the Dodd-Frank Act. This is our first frequency of say-on-pay vote. We were previously exempt from the say-on-pay requirements as a result of our prior status as an “emerging growth company” under the JOBS Act. The next required advisory vote on the frequency of future stockholder advisory votes on executive compensation will occur no later than the 2024 Annual Meeting of Stockholders.

Stockholders may indicate whether they prefer that we hold a say-on-pay vote every year, every two years, every three years, or they may abstain from this vote.

Reasons For an Annual Say-on-Pay Vote Recommendation

After careful consideration, the Board, on the recommendation of the Compensation Committee, has determined that holding a say-on-pay vote every year is the best approach for Century and our stockholders at this time, and recommends that stockholders vote for future advisory votes on executive compensation to occur every year. While our executive compensation program is designed to promote a long-term connection between pay and performance, the Board recognizes that executive compensation decisions are made annually and that an annual say-on-pay vote would:

Stockholders are not voting to approve or disapprove the Board’s recommendation. Instead, stockholders may indicate their preference regarding the frequency of future say-on-pay votes by selecting every year, every two years or every three years. Stockholders that do not have a preference regarding the frequency of future say-on-pay votes may abstain from voting on the proposal.

The option of every year, every two years or every three years that receives the highest number of votes cast by our stockholders will reflect the frequency for future say-on-pay votes that has been selected by our stockholders. As this is an advisory vote, the outcome of the vote is not binding on us, and the Compensation Committee and the Board may decide that it is in the best interests of Century and our stockholders to hold a say-on-pay vote more or less frequently than the preference receiving the highest number of votes of our stockholders. However, the Compensation Committee and the Board value the opinions expressed by our stockholders in their vote on this proposal, and expect to take into account the outcome of this vote when considering the frequency of future advisory votes on executive compensation.

Board Recommendation

The Board of Directors unanimously recommends that our stockholders vote for a frequency of EVERY YEAR, on an advisory basis, for future advisory votes on executive compensation, or say-on-pay votes.

STOCK OWNERSHIP

Significant Beneficial Owners

The table below sets forth information known to us as of March 15, 2018 as to entities that have reported to the SEC or have otherwise advised us that they are a beneficial owner, as defined by the SEC’s rules and regulations, of 5% or more than five percent of our outstanding common stock.

EXECUTIVE OFFICERS AND COMPENSATION

Executive OfficersSecurity Ownership by Management

The followingtable below sets forth information known to us regarding the currentbeneficial ownership of our common stock as of March 15, 2018 by:

To our knowledge, each person named in the table has sole voting and investment power with respect to all of the Company. Biographicalsecurities shown as beneficially owned by such person, except as otherwise set forth in the notes to the table and subject to community property laws, where applicable. The number of shares beneficially owned represents the number of shares the person “beneficially owns,” as determined by the rules of the SEC. The SEC has defined “beneficial” ownership of a security to mean the possession, directly or indirectly, of voting power and/or investment power. A stockholder is also deemed to be, as of any date, the beneficial owner of all securities that such stockholder has the right to acquire within 60 days after that date through (i) the vesting of restricted stock units or the exercise of any option, warrant or right; (ii) the conversion of a security; (iii) the power to revoke a trust, discretionary account or similar arrangement; or (iv) the automatic termination of a trust, discretionary account or similar arrangement. The address for all beneficial owners in the table below is 8390 East Crescent Parkway, Suite 650, Greenwood Village, Colorado 80111.

Stock Ownership Guidelines

We have established stock ownership guidelines that are intended to further align the interests of our directors and named executive officers with those of our stockholders. The stock ownership guidelines for our non-employee directors and named executive officers are as follows:

Each director and named executive officer has five years from the date of appointment or hire or, if the ownership multiple has increased during his tenure, five years from the date established in connection with such increase to reach his stock ownership targets. Until the applicable stock ownership target is achieved, each director and Co-Chief Executive Officer subject to the guidelines is required to retain an amount equal to 100% of the net shares received as a result of the vesting of restricted stock awards or restricted stock unit awards and other named executive officers are required to retain an amount equal to 60% of the net shares received as a result of the vesting of restricted stock awards or restricted stock unit awards. All of our directors and named executive officers are in compliance with our stock ownership guidelines.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Exchange Act requires our executive officers, directors and persons who own more than 10% of a registered class of our equity securities to file reports of ownership and changes in ownership with the SEC and the NYSE. Executive officers, directors and greater than 10% stockholders are required to furnish us with copies of all Section 16(a) forms they file. To our knowledge, based on the information pertainingfurnished by the reporting persons, we believe that all Section 16(a) filing requirements applicable to our executive officers, directors, and greater than 10% stockholders were complied with on a timely basis during the year ended December 31, 2017, except that each of Dale Francescon, Robert J. Francescon and David L. Messenger filed one late report on Form 4 reporting the receipt of a restricted stock unit award.

EXECUTIVE OFFICERS

We have three executive officers: Dale Francescon, Robert J. Francescon and David L. Messenger. Below is information regarding our executive officers as of March 15, 2018. There are no family relationships among any of our executive officers or directors, except for Dale Francescon and Robert J. Francescon, each of whom is both a director and an executive officer of the Company, may be found in the section above entitled “Proposal No. 1, Election of Directors—Information About Director Nominees.”

who are brothers.

Dale Francescon. Mr. Dale Francescon has served as our Co-Chief Executive Officer since August 2002 and as the Chairman of our Board of Directors since April 2013. Mr. Dale Francescon possesses a broad background in all facets of operating a real estate company, and has had direct responsibility for the acquisition, financing, development, construction, sale and management of various residential projects including land development, single-family homes, townhomes, condominiums and apartments. Mr. Dale Francescon has successfully managed the Company, through successive profitable years, in various economic cycles, from inception in August 2002 to the present. Mr. Dale Francescon is actively involved in various civic and professional organizations. Mr. Dale Francescon is licensed in the state of Colorado as a real estate broker (inactive) and in the state of California as an attorney (inactive) and a certified public accountant (inactive). Mr. Dale Francescon received his B.S. in Business Administration from the University of Southern California and a J.D. from Loyola University School of Law.

Robert J. Francescon. Mr. Robert Francescon has served as our Co-Chief Executive Officer since August 2002, as President since April 2013 and as a member of our Board of Directors since April 2013. Mr. Robert Francescon possesses a broad background in all facets of operating a real estate company, and has had direct responsibility for the acquisition, financing, development, architecture, construction, sale and management of various residential projects including land development, single-family homes, townhomes, condominiums and apartments. Mr. Robert Francescon has successfully managed the Company, through successive profitable years, in various economic cycles, from inception in August 2002 to the present. Mr. Robert Francescon also has management experience working in a variety of financial institutions, including thrifts and the Federal Home Loan Mortgage Corporation. Mr. Robert Francescon is actively involved in various civic and professional organizations. Mr. Robert Francescon received his B.S. in Business Administration from the University of Southern California.

David L. Messenger. Mr. David L. Messenger serveshas served as our Chief Financial Officer and has been employed by the Company since June 2013. Mr. Messenger has extensive experience in finance and accounting for real estate companies. His direct responsibilities are overseeing all accounting, finance, capital markets, risk management and financial planning and analysis. Prior to his tenure at the Company,Century, Mr. Messenger was at UDR, Inc., a publicly traded multifamily real estate investment trust, from August 2002 to May 2012, most recently as Chief Financial Officer. From June 2012 to February 2013, Mr. Messenger served as an independent consultant for UDR, Inc. Mr. Messenger is licensed in the State of Virginia as a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants. Mr. Messenger received a B.B.A. and M.A. in Accounting from the University of Iowa.

EXECUTIVE COMPENSATION

Compensation Discussion and Analysis

This Compensation Discussion and Analysis (CD&A) addresses the principles underlying our policies and decisions with respect to the compensation of our executive officers who are named in the “Summary Compensation Table” and material factors relevant to these policies and decisions. This CD&A should be read together with the related tables and disclosures that follow.

Our named executive officers for the year ended December 31, 2017 were:

We sometimes collectively refer to these three individuals are our named executive officers or “NEOs.” In addition, we sometimes collectively refer to our Co-Chief Executive Officers as our “Co-CEOs” and individually as our “Co-CEO” and sometimes refer to our Chief Financial Officer as our “CFO.”

Executive Summary

We believe that the primary goal of executive compensation is to align the interests of our executive officers with those of our stockholders in a way that allows us to attract and retain the best executive talent. We have adopted compensation policies with respect to, among other things, setting base salaries, awarding bonuses and making future grants of equity awards to our executive officers. The Compensation Committee has designed a compensation program that is intended to reward factors that create favorable stockholder returns, stock appreciation, the Company’sCentury’s competitive position within the homebuilding industry and each executive officer’s long-term career contributions to the Company.

Century. The compensation components designed to further these goals take the form of base salary, short-term annual cash incentive compensation, as well as long-term equity incentives measured by Company and/or individual performance targets as established by the Compensation Committee.

The followingFiscal 2017 Business Highlights

Below are operational and financial highlights for 2015:2017. Some of these highlights include non-GAAP financial measures, the calculation of which are described below under “—Named Executive Officer Compensation.”

2017 Compensation Actions and Outcomes

One of our key executive compensation objectives is to link pay to performance by aligning the financial interests of our executives with those of our stockholders and by emphasizing pay for performance in our compensation programs. Fiscal 2017 compensation actions and incentive plan outcomes based on the performance described above is summarized below:

Compensation Highlights and Best Practices

Our compensation practices include many best pay practices that support our executive compensation objectives and principles, and benefit our stockholders.

Compensation Philosophy

Given the small size of the Company’s currentCentury’s executive team, each Executiveexecutive has assumed responsibilities beyond what is generally found for similar executives in comparable companies. Many of these additional responsibilities directly impact the growth of the Company.Century. Further, the CompanyCentury emphasizes performance-based compensation elements, with superior performance resulting in above marketabove-market pay, and underwhelming performance resulting in below-market pay. As such, the Compensation Committee has determined that fixed compensation (i.e., base salary) should be targeted at approximatelybetween the market 25^th percentile and market median, with performance-based incentive compensation opportunities resulting in total direct compensation that ranges from well below the market median to the top quartile of the market (based on performance). The Compensation Committee has determined that target award levels will align total direct compensation with approximatelybetween the market 25^th percentile and the market median, and maximum award levels will align total direct compensation with approximatelyat or above the market 75th75^th percentile.

Competitive ConsiderationsElements of Our Executive Compensation Program

We strive to compensateDuring 2017, our executive officers competitively relative to industry peers. To ensure reasonableness and competitivenesscompensation program consisted of the Company’sfollowing key elements: base salary, short-term incentive, long-term incentives in the form of restricted stock unit awards, perquisites and retirement benefits. The following table provides some of the key characteristics of and purpose for each element.

We describe each key element of our executive compensation package relative toprogram in more detail in the industry, the Compensation Committee regularly evaluates the Company’s peer groupfollowing pages, along with the aid of CBS, and with input from management. Data from the Company’s peer group is therefore consideredcompensation decisions made in the2017. The compensation benchmarking process as one input in helping to determine appropriate pay levels.

In establishing compatibility between the Company and the members of the peer group, the following factors are considered:

Based on these considerations, the following were selected as the Company’s peer group for 2015 in analyzing the market competitiveness of the Company’s executive compensation programs.

While the Company is below certain of the selected peers in terms of market capitalization, revenue and assets, the peer group was selected in order to approximate where the Company reasonably expects to be in the near term, while including companies that have experienced similar growth. Further, while the Company ranks at approximately the 34^th percentile for revenue amongst the peer group companies, and in the bottom quartile for market capitalization, the Company ranks 2^nd among the peer group companies for 1-year Total Shareholder Return (which we refer to as “TSR”) (3-year and 5-year TSR comparisons are not available as the Company has not been publicly traded for the requisite length of time for those measurements). Given the Company’s current position relative to the peer group and the projected growth of the Company, we believe that the selected peer group is appropriate for purposes of benchmarking compensation.

Named Executive Officer Compensation

Our named executive officers (which we refer to as our “NEOs”) for fiscal year 2015 were Dale Francescon, our Co-Chief Executive Officer (which we refer to as our “Co-CEO”), Robert J. Francescon, our Co-CEO, and David L. Messenger, our Chief Financial Officer (which we refer to as our “CFO”). The following is a summary of the elements of our compensation arrangements paid to our NEOs is governed, in part, by written employment agreements with them, which are described below under “—Employment and Other Agreements with NEOs.”

Pay-for-Performance and Pay Mix

We seek to motivate management to achieve improved financial performance of our Company through bonus plans that reward higher performance with increased bonuses and hold management accountable for fiscal year 2015, as well as a summary of the elements to be paid to our NEOs for fiscal year 2016.

Infinancial performance that falls below targeted levels by paying reduced bonuses. Accordingly, in general, our executive compensation program emphasizes variable, at-risk, pay elements as a significant portion of each NEO’s total compensation package. For 2015, the

The breakdown of variable, at-risk, pay (broken out between annual short-term incentives and long-term incentives) compared to fixed pay (i.e., base salary) reported for 2017 in the Summary Compensation Table for our Co-CEOs and CFO is as follows:

The composition of the 2015 total compensation for the Co-CEOs and CFO is as follows:

Annual Named Executive Officer Compensation

Base Salary

Purpose: Base salary is designed to compensate our NEOs at a fixed level of compensation that provides some financial certainty and security for our NEOs, and also serves as a retention tool throughout the executive’s career.

Competitive Positioning: In determiningsetting base salaries, the Compensation Committee considers many things,factors, including each executive’s roles and responsibilities, unique skills, future potential with the Company,Century, salary levels for

similar positions in our market and internal pay equity.

While a Co-CEO executive structure is not commonly found in the marketplace, we believe our leadership structure is appropriate in light of our historical growth and expected future development. Further, the absence of other leadership positions within the Company’sCentury’s executive team, such as a Chief Operating Officer, that are otherwise generally found on the leadership teams of other companies, requires our executives to perform multiple roles and take on additional responsibilities that would otherwise not be required of CEOs. As such, when determining compensation amounts for the year, the Compensation Committee takes into account the fact that the CompanyCentury has two Co-CEOs who each perform a broad range of duties which would generally be spread over a number of executive positions as described above.