The New Home Company Announces Chaparral in the Prestigious Master-Planned Community of Blackstone in El Dorado Hills, Calif.

EL DORADO HILLS, Calif. (June 18, 2015) – The New Home Company (NEW HOME, NYSE: NWHM) today announced the opening of Chaparral, a collection of 72 single-family residences in the prestigious master-planned community of Blackstone in El Dorado Hills. A Grand Opening for Chaparral’s innovative and thoughtfully designed model homes is set for this weekend, June 20 and 21, 2015.

Nestled in the El Dorado foothills and surrounded by scenic open space, the homes of Chaparral feature up to 2,422 square feet of indoor/outdoor living space with up to five bedrooms and four baths. Residences will include NEW HOME’s signature Life Space design approach that provides flexible floorplan and structural options for multi-generational families. The homes also include state-of-the-art green architectural features.

“Blackstone is emerging as one of the leading new master-planned communities in this desirable and naturally beautiful area of Sacramento and we are extremely pleased to be a part of it,” said Kevin Carson, NEW HOME President Northern California. “We’ve put a tremendous amount of research and thought into the designs at Chaparral so that buyers will find our homes to be an extraordinary opportunity.”

The 990-acre master-planned community of Blackstone El Dorado is conveniently located along the Highway 50 corridor, within walking distance of the successful El Dorado Hills Business Park, and just minutes from shopping, restaurants and lifestyle amenities. Soon, Blackstone will offer an elementary school, parks, miles of trails, and the resort-style Club at Blackstone will serve as the social and recreational hub for residents, family and friends.

The homes at Chaparral are priced from the mid $400,000s. Those interested in a new home are encouraged to visit www.ChaparralNWHM.com to register and receive updates on community progress, future events and sales opportunities.

About The New Home Company
NEW HOME, one of California’s most active homebuilders, is a publicly traded company listed on the New York Stock Exchange under the symbol “NWHM.” It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California, including coastal Southern California, the San Francisco Bay area and metro Sacramento. In 2013, 2014 and 2015, NEW HOME was the recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. Recently, NEW HOME was awarded the BIA Bay Area “Community of the Year” Award of Excellence for its master-planned community of Orchard Park in San Jose. For more information about the company or its current new-home offerings, visit www.NWHM.com.