NEW HOME CO. OPENS TOWNHOMES AND FLATS IN RANCHO CUCAMONGA

The New Home Company (NEW HOME; NYSE: NWHM) on Monday announced the opening of Nova, a neighborhood of 135 three-story townhomes and single-stacked flats in The Resort, a master-planned urban village by Lewis Community Developers in southeast Rancho Cucamonga. NEW HOME will host a model home grand opening at Nova this Saturday, February 8, 2020.

For NEW HOME, Nova Rancho Cucamonga represents an approach to homeownership which focuses on attainability and walkability through a balance of cost, space and connectivity, while offering its customers a choice in how they want to live. The residences, designed by Woodley Architectural Group, offer three floor plans ranging from 995 to 1,263 square feet of living space with two bedrooms and up to two full baths and two half baths. Nova buyers will have the opportunity to choose their interiors from a fresh palette of design-inspired colors and schemes, making the personalization process fun and easy. With pricing anticipated to begin in the high $300,000s, Nova will offer the lowest starting price point within The Resort and the surrounding area.

“Nova offers highly designed solutions to meet the demand for attainably priced homes in the region,” said Joan Marcus Webb, chief marketing officer for NEW HOME. “This community provides first-time buyers, young couples and empty nesters the ability to own a home with a reasonable mortgage. Nova represents a very special opportunity in Rancho Cucamonga, and we’re excited to unveil these thoughtfully designed homes this weekend.”

The Resort is located on the site of a former golf course near a Metrolink station and employment centers. The 160-acre master plan provides a setting for living and playing in an intimate, personal community.

High-density homes are surrounded by unique open spaces with seating for outdoor life, a turf play area for children and a multi-layered connective network that generates a dynamic, people-centric environment. Nova features a Zen Garden for gathering and relaxation.