The New Home Company Brings Innovative Single-Family Residences to Prestigious Blackstone Community in El Dorado Hills, Calif.

EL DORADO HILLS, Calif. (April 9, 2015) – As part of its ongoing commitment to creating the finest and most thoughtfully designed living experiences in metropolitan Sacramento, The New Home Company (NEW HOME, NYSE: NWHM) announced today that construction is well underway on Chaparral, a collection of 72 single-family residences in the prestigious master-planned community of Blackstone in El Dorado Hills.

Set in the foothills of the Sacramento Valley and surrounded by scenic open space, the homes of Chaparral will 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 will also include state-of-the-art green architectural features.

“Blackstone is emerging as one of the leading new 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 expected to be priced from the mid $400,000s and NEW HOME anticipates opening the neighborhood this summer. Those interested in a new home are encouraged to visit www.ChaparralNWHM.com and sign up for the interest registry to receive regular updates on the progress of the community.

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 and 2014, NEW HOME was the recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. Most recently, NEW HOME was recognized as one of the “Best Places to Work” in Orange County by the Orange County Business Journal and one of the “Top Workplaces in Orange County” by the Orange County Register. For more information about the company or its current new-home offerings, visit www.NWHM.com.