The New Home Company Announces the Completion of Tidelands, a Community of Contemporary Residences Overlooking the San Francisco Bay in San Mateo

SAN MATEO, Calif. (October 3, 2016) – The New Home Company (NEW HOME, NYSE: NWHM) today announced the completion of construction at Tidelands, a collection of 76 contemporary residences overlooking the San Francisco Bay in San Mateo, California.

The homes at Tidelands range from 784 to 1,645 square feet of living space with up to three bedrooms and two baths, all with single-story floor plans. Prices range from the low $800,000s to low $1 millions. With construction now finalized, all of Tidelands’ homes are move-in ready, and building tours are available.

To celebrate the Grand Opening, NEW HOME will debut a designer model home and the Tidelands Community Club Room during the weekend of October 8, 2016.

“Tidelands presents a rare opportunity to purchase an attainably priced new home in the Bay Area with close proximity to both the water and an urban lifestyle,” said Kevin Carson, Northern California President for NEW HOME. “Now that we have finished the building process, our initial buyers will be moving in soon, and we are excited to offer tours of our completed homes and community amenities to those interested in purchasing here. Tidelands offers the best of a Peninsula lifestyle with convenient access north to the city or south to Silicon Valley.”

Tidelands is located near the southwestern corner of Mariner’s Island Boulevard and East Third Avenue in San Mateo. Those interested in a new home at Tidelands are encouraged to visit the on-site Sales Information Center or go to www.TidelandsNWHM.com to sign up for the Interest Registry and receive regular updates on sales events.

About The New Home Company
NEW HOME 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 and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and Phoenix. 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. In 2016, NEW HOME won a total of 23 Eliant Awards, including nine First Place Awards, the highest number earned by a homebuilder. Also in 2016, the National Association of Home Builders and the Northern California MAME Awards selected The Cannery, an innovative mixed-use community developed by NEW HOME in Davis, Calif., as “Master-Planned Community of the Year,” and The Cannery won a Grand Award for “Residential Community of the Year-Master Plan” at the 2016 Gold Nugget Awards presented during PCBC. NEW HOME earned top honors at the 2016 Bay Area Building Industry Association’s Excellence in Home Building Awards, winning “Community of the Year” for its Woodbury neighborhood in downtown Lafayette, Calif., and “Best Builder of the Year.” For two years in a row, NEW HOME has been named to the Inc. Magazine Founders 40 list, recognizing newly public companies that have maintained a strong entrepreneurial spirit. For more information about the company or its current new-home offerings, visit www.NWHM.com.