diff --git a/esphome/components/dht/dht.cpp b/esphome/components/dht/dht.cpp
index 988a5300dd..9626260cf2 100644
--- a/esphome/components/dht/dht.cpp
+++ b/esphome/components/dht/dht.cpp
@@ -32,19 +32,19 @@ void DHT::dump_config() {
 
 void DHT::update() {
   float temperature, humidity;
-  bool error;
+  bool success;
   if (this->model_ == DHT_MODEL_AUTO_DETECT) {
     this->model_ = DHT_MODEL_DHT22;
-    error = this->read_sensor_(&temperature, &humidity, false);
-    if (error) {
+    success = this->read_sensor_(&temperature, &humidity, false);
+    if (!success) {
       this->model_ = DHT_MODEL_DHT11;
       return;
     }
   } else {
-    error = this->read_sensor_(&temperature, &humidity, true);
+    success = this->read_sensor_(&temperature, &humidity, true);
   }
 
-  if (error) {
+  if (success) {
     ESP_LOGD(TAG, "Got Temperature=%.1f°C Humidity=%.1f%%", temperature, humidity);
 
     if (this->temperature_sensor_ != nullptr)
diff --git a/esphome/components/max7219/display.py b/esphome/components/max7219/display.py
index 0657f3f042..05b383004d 100644
--- a/esphome/components/max7219/display.py
+++ b/esphome/components/max7219/display.py
@@ -9,11 +9,14 @@ max7219_ns = cg.esphome_ns.namespace('max7219')
 MAX7219Component = max7219_ns.class_('MAX7219Component', cg.PollingComponent, spi.SPIDevice)
 MAX7219ComponentRef = MAX7219Component.operator('ref')
 
+CONF_REVERSE_ENABLE = 'reverse_enable'
+
 CONFIG_SCHEMA = display.BASIC_DISPLAY_SCHEMA.extend({
     cv.GenerateID(): cv.declare_id(MAX7219Component),
 
     cv.Optional(CONF_NUM_CHIPS, default=1): cv.int_range(min=1, max=255),
     cv.Optional(CONF_INTENSITY, default=15): cv.int_range(min=0, max=15),
+    cv.Optional(CONF_REVERSE_ENABLE, default=False): cv.boolean,
 }).extend(cv.polling_component_schema('1s')).extend(spi.spi_device_schema())
 
 
@@ -25,6 +28,7 @@ def to_code(config):
 
     cg.add(var.set_num_chips(config[CONF_NUM_CHIPS]))
     cg.add(var.set_intensity(config[CONF_INTENSITY]))
+    cg.add(var.set_reverse(config[CONF_REVERSE_ENABLE]))
 
     if CONF_LAMBDA in config:
         lambda_ = yield cg.process_lambda(config[CONF_LAMBDA], [(MAX7219ComponentRef, 'it')],
diff --git a/esphome/components/max7219/max7219.cpp b/esphome/components/max7219/max7219.cpp
index 99eca6c14f..f58f203442 100644
--- a/esphome/components/max7219/max7219.cpp
+++ b/esphome/components/max7219/max7219.cpp
@@ -142,9 +142,11 @@ void MAX7219Component::dump_config() {
 void MAX7219Component::display() {
   for (uint8_t i = 0; i < 8; i++) {
     this->enable();
-    for (uint8_t j = 0; j < this->num_chips_; j++) {
-      this->send_byte_(8 - i, this->buffer_[j * 8 + i]);
-    }
+    for (uint8_t j = 0; j < this->num_chips_; j++)
+      if (reverse_)
+        this->send_byte_(8 - i, buffer_[(num_chips_ - j - 1) * 8 + i]);
+      else
+        this->send_byte_(8 - i, buffer_[j * 8 + i]);
     this->disable();
   }
 }
diff --git a/esphome/components/max7219/max7219.h b/esphome/components/max7219/max7219.h
index 1920268ba4..47b54a4c50 100644
--- a/esphome/components/max7219/max7219.h
+++ b/esphome/components/max7219/max7219.h
@@ -34,6 +34,7 @@ class MAX7219Component : public PollingComponent,
 
   void set_intensity(uint8_t intensity);
   void set_num_chips(uint8_t num_chips);
+  void set_reverse(bool reverse) { this->reverse_ = reverse; };
 
   /// Evaluate the printf-format and print the result at the given position.
   uint8_t printf(uint8_t pos, const char *format, ...) __attribute__((format(printf, 3, 4)));
@@ -60,6 +61,7 @@ class MAX7219Component : public PollingComponent,
   uint8_t intensity_{15};  /// Intensity of the display from 0 to 15 (most)
   uint8_t num_chips_{1};
   uint8_t *buffer_;
+  bool reverse_{false};
   optional<max7219_writer_t> writer_{};
 };
 
diff --git a/esphome/components/ota/__init__.py b/esphome/components/ota/__init__.py
index e4b6946116..8956227c17 100644
--- a/esphome/components/ota/__init__.py
+++ b/esphome/components/ota/__init__.py
@@ -1,3 +1,4 @@
+from esphome.cpp_generator import RawExpression
 import esphome.codegen as cg
 import esphome.config_validation as cv
 from esphome.const import (
@@ -31,7 +32,9 @@ def to_code(config):
     yield cg.register_component(var, config)
 
     if config[CONF_SAFE_MODE]:
-        cg.add(var.start_safe_mode(config[CONF_NUM_ATTEMPTS], config[CONF_REBOOT_TIMEOUT]))
+        condition = var.should_enter_safe_mode(config[CONF_NUM_ATTEMPTS],
+                                               config[CONF_REBOOT_TIMEOUT])
+        cg.add(RawExpression(f"if ({condition}) return"))
 
     if CORE.is_esp8266:
         cg.add_library('Update', None)
diff --git a/esphome/components/ota/ota_component.cpp b/esphome/components/ota/ota_component.cpp
index b614139e07..c8221d1bdf 100644
--- a/esphome/components/ota/ota_component.cpp
+++ b/esphome/components/ota/ota_component.cpp
@@ -355,7 +355,7 @@ void OTAComponent::set_auth_password(const std::string &password) { this->passwo
 float OTAComponent::get_setup_priority() const { return setup_priority::AFTER_WIFI; }
 uint16_t OTAComponent::get_port() const { return this->port_; }
 void OTAComponent::set_port(uint16_t port) { this->port_ = port; }
-void OTAComponent::start_safe_mode(uint8_t num_attempts, uint32_t enable_time) {
+bool OTAComponent::should_enter_safe_mode(uint8_t num_attempts, uint32_t enable_time) {
   this->has_safe_mode_ = true;
   this->safe_mode_start_time_ = millis();
   this->safe_mode_enable_time_ = enable_time;
@@ -380,12 +380,11 @@ void OTAComponent::start_safe_mode(uint8_t num_attempts, uint32_t enable_time) {
 
     ESP_LOGI(TAG, "Waiting for OTA attempt.");
 
-    while (true) {
-      App.loop();
-    }
+    return true;
   } else {
     // increment counter
     this->write_rtc_(this->safe_mode_rtc_value_ + 1);
+    return false;
   }
 }
 void OTAComponent::write_rtc_(uint32_t val) { this->rtc_.save(&val); }
diff --git a/esphome/components/ota/ota_component.h b/esphome/components/ota/ota_component.h
index 65d44482b8..f16725e324 100644
--- a/esphome/components/ota/ota_component.h
+++ b/esphome/components/ota/ota_component.h
@@ -47,7 +47,7 @@ class OTAComponent : public Component {
   /// Manually set the port OTA should listen on.
   void set_port(uint16_t port);
 
-  void start_safe_mode(uint8_t num_attempts, uint32_t enable_time);
+  bool should_enter_safe_mode(uint8_t num_attempts, uint32_t enable_time);
 
   // ========== INTERNAL METHODS ==========
   // (In most use cases you won't need these)
diff --git a/esphome/components/waveshare_epaper/display.py b/esphome/components/waveshare_epaper/display.py
index da2e30de00..fcbbc0a500 100644
--- a/esphome/components/waveshare_epaper/display.py
+++ b/esphome/components/waveshare_epaper/display.py
@@ -27,6 +27,7 @@ MODELS = {
     '2.13in-ttgo': ('a', WaveshareEPaperTypeAModel.TTGO_EPAPER_2_13_IN),
     '2.13in-ttgo-b73': ('a', WaveshareEPaperTypeAModel.TTGO_EPAPER_2_13_IN_B73),
     '2.90in': ('a', WaveshareEPaperTypeAModel.WAVESHARE_EPAPER_2_9_IN),
+    '2.90inv2': ('a', WaveshareEPaperTypeAModel.WAVESHARE_EPAPER_2_9_IN_V2),
     '2.70in': ('b', WaveshareEPaper2P7In),
     '2.90in-b': ('b', WaveshareEPaper2P9InB),
     '4.20in': ('b', WaveshareEPaper4P2In),
@@ -41,7 +42,7 @@ def validate_full_update_every_only_type_a(value):
         return value
     if MODELS[value[CONF_MODEL]][0] != 'a':
         raise cv.Invalid("The 'full_update_every' option is only available for models "
-                         "'1.54in', '2.13in' and '2.90in'.")
+                         "'1.54in', '2.13in', '2.90in', and '2.90inV2'.")
     return value
 
 
diff --git a/esphome/components/waveshare_epaper/waveshare_epaper.cpp b/esphome/components/waveshare_epaper/waveshare_epaper.cpp
index d57b814bb2..fa0cf6aa4f 100644
--- a/esphome/components/waveshare_epaper/waveshare_epaper.cpp
+++ b/esphome/components/waveshare_epaper/waveshare_epaper.cpp
@@ -178,6 +178,13 @@ void WaveshareEPaperTypeA::initialize() {
   // COMMAND DATA ENTRY MODE SETTING
   this->command(0x11);
   this->data(0x03);  // from top left to bottom right
+
+  if (this->model_ == WAVESHARE_EPAPER_2_9_IN_V2) {
+    // RAM content option for Display Update
+    this->command(0x21);
+    this->data(0x00);
+    this->data(0x80);
+  }
 }
 void WaveshareEPaperTypeA::dump_config() {
   LOG_DISPLAY("", "Waveshare E-Paper", this);
@@ -197,6 +204,9 @@ void WaveshareEPaperTypeA::dump_config() {
     case WAVESHARE_EPAPER_2_9_IN:
       ESP_LOGCONFIG(TAG, "  Model: 2.9in");
       break;
+    case WAVESHARE_EPAPER_2_9_IN_V2:
+      ESP_LOGCONFIG(TAG, "  Model: 2.9inV2");
+      break;
   }
   ESP_LOGCONFIG(TAG, "  Full Update Every: %u", this->full_update_every_);
   LOG_PIN("  Reset Pin: ", this->reset_pin_);
@@ -205,14 +215,15 @@ void WaveshareEPaperTypeA::dump_config() {
   LOG_UPDATE_INTERVAL(this);
 }
 void HOT WaveshareEPaperTypeA::display() {
+  bool full_update = this->at_update_ == 0;
+  bool prev_full_update = this->at_update_ == 1;
+
   if (!this->wait_until_idle_()) {
     this->status_set_warning();
     return;
   }
 
   if (this->full_update_every_ >= 2) {
-    bool prev_full_update = this->at_update_ == 1;
-    bool full_update = this->at_update_ == 0;
     if (full_update != prev_full_update) {
       if (this->model_ == TTGO_EPAPER_2_13_IN) {
         this->write_lut_(full_update ? FULL_UPDATE_LUT_TTGO : PARTIAL_UPDATE_LUT_TTGO, LUT_SIZE_TTGO);
@@ -258,7 +269,12 @@ void HOT WaveshareEPaperTypeA::display() {
 
   // COMMAND DISPLAY UPDATE CONTROL 2
   this->command(0x22);
-  this->data(0xC4);
+  if (this->model_ == WAVESHARE_EPAPER_2_9_IN_V2) {
+    this->data(full_update ? 0xF7 : 0xFF);
+  } else {
+    this->data(0xC4);
+  }
+
   // COMMAND MASTER ACTIVATION
   this->command(0x20);
   // COMMAND TERMINATE FRAME READ WRITE
@@ -278,6 +294,8 @@ int WaveshareEPaperTypeA::get_width_internal() {
       return 128;
     case WAVESHARE_EPAPER_2_9_IN:
       return 128;
+    case WAVESHARE_EPAPER_2_9_IN_V2:
+      return 128;
   }
   return 0;
 }
@@ -293,6 +311,8 @@ int WaveshareEPaperTypeA::get_height_internal() {
       return 250;
     case WAVESHARE_EPAPER_2_9_IN:
       return 296;
+    case WAVESHARE_EPAPER_2_9_IN_V2:
+      return 296;
   }
   return 0;
 }
diff --git a/esphome/components/waveshare_epaper/waveshare_epaper.h b/esphome/components/waveshare_epaper/waveshare_epaper.h
index 01b162fd35..8ea73d053a 100644
--- a/esphome/components/waveshare_epaper/waveshare_epaper.h
+++ b/esphome/components/waveshare_epaper/waveshare_epaper.h
@@ -67,6 +67,7 @@ enum WaveshareEPaperTypeAModel {
   WAVESHARE_EPAPER_1_54_IN = 0,
   WAVESHARE_EPAPER_2_13_IN,
   WAVESHARE_EPAPER_2_9_IN,
+  WAVESHARE_EPAPER_2_9_IN_V2,
   TTGO_EPAPER_2_13_IN,
   TTGO_EPAPER_2_13_IN_B73,
 };
@@ -82,8 +83,14 @@ class WaveshareEPaperTypeA : public WaveshareEPaper {
   void display() override;
 
   void deep_sleep() override {
-    // COMMAND DEEP SLEEP MODE
-    this->command(0x10);
+    if (this->model_ == WAVESHARE_EPAPER_2_9_IN_V2) {
+      // COMMAND DEEP SLEEP MODE
+      this->command(0x10);
+      this->data(0x01);
+    } else {
+      // COMMAND DEEP SLEEP MODE
+      this->command(0x10);
+    }
     this->wait_until_idle_();
   }
 
diff --git a/esphome/const.py b/esphome/const.py
index b66d3a141a..5313fe5413 100644
--- a/esphome/const.py
+++ b/esphome/const.py
@@ -2,7 +2,7 @@
 
 MAJOR_VERSION = 1
 MINOR_VERSION = 16
-PATCH_VERSION = '1'
+PATCH_VERSION = '2'
 __short_version__ = f'{MAJOR_VERSION}.{MINOR_VERSION}'
 __version__ = f'{__short_version__}.{PATCH_VERSION}'
 
diff --git a/tests/test1.yaml b/tests/test1.yaml
index a4cf1e42dc..f274defc46 100644
--- a/tests/test1.yaml
+++ b/tests/test1.yaml
@@ -1785,6 +1785,15 @@ display:
     full_update_every: 30
     lambda: |-
       it.rectangle(0, 0, it.get_width(), it.get_height());
+  - platform: waveshare_epaper
+    cs_pin: GPIO23
+    dc_pin: GPIO23
+    busy_pin: GPIO23
+    reset_pin: GPIO23
+    model: 2.90inv2
+    full_update_every: 30
+    lambda: |-
+      it.rectangle(0, 0, it.get_width(), it.get_height());
   - platform: st7789v
     cs_pin: GPIO5
     dc_pin: GPIO16