Entry into a Material Definitive

On August 7, 2019, The New Home Company Inc. (the Company) entered into a Second Modification Agreement (the Modification) to its Amended and Restated Credit Agreement, dated as of May 10, 2016, as modified by the Modification Agreement dated as of September 17, 2017 (as further modified, supplemented or amended, the Credit Agreement). The Modification was entered into by and among the Company, the lenders party to the Credit Agreement and U.S. Bank National Association, d/b/a Housing Capital Company, as administrative agent. The Modification, among other things, (i) extends the maturity date of the revolving credit facility to March 1, 2021, (ii) decreases the total commitments under the facility from $200 million to $130 million and the increase option from $300 million to $200 millio n, (iii) provides for certain adjustments to the borrowing base calculation commencing January 1, 2020 and (iv) revises the covenant limiting restricted payments to provide for basket limitations and net leverage ratio thresholds on the Companys stock repurchases, dividend payments, and repurchases of its senior notes, subject to specified exceptions.

The foregoing description is qualified in its entirety by reference to the Modification, a copy of which is filed as an exhibit to this Current Report on Form 8-K and is incorporated by reference herein.

Item2.03

Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure set forth in Item 1.01 of this Current Report is incorporated by reference into this Item 2.03.

Item9.01

Financial Statements and Exhibits.

(d)

List of exhibits

10.1

Second Modification Agreement, dated as of August 7, 2019, among The New Home Company Inc., U.S. Bank National Association, d/b/a Housing Capital Company, and the lenders party thereto.

104

Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 9, 2019

The New Home Company Inc.

By

/s/ Miek D. Harbur

Miek D. Harbur,

VP, General Counsel & Secretary

INDEX OF EXHIBITS

ExhibitNo.

Description of Document

10.1

Second Modification Agreement, dated as of August 7, 2019, among The New Home Company Inc., U.S. Bank National Association, d/b/a Housing Capital Company, and the lenders party thereto.

104

Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

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Other recent filings from the company include the following:

Entry Into a Material Definitive - June 26, 2020
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New Home Company director just picked up 16,759 shares - June 11, 2020
New Home Company director just picked up 16,759 shares - June 11, 2020
New Home Company director just picked up 16,759 shares - June 11, 2020

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