FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   TRICON USA INC. 2. Date of Event Requiring Statement (Month/Day/Year) 01/30/2014 3. Issuer Name and Ticker or Trading Symbol New Home Co Inc. [NWHM] (Last) (First) (Middle) 1067 YONGE STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) TORONTO, A6 M4W2L2 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 1,916,327 I By TCN/TNHC LP (1)

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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
TRICON USA INC. 1067 YONGE STREET TORONTO, A6 M4W2L2	Â	  X	Â	Â
TRICON XI GP LLC 1067 YONGE STREET TORONTO, A6 M4W2L2	Â	  X	Â	Â
TRICON XI EQUITY HOLDINGS LP 1067 YONGE STREET TORONTO, A6 M4W2L2	Â	  X	Â	Â
TCN/TNHC GP LLC 1067 YONGE STREET TORONTO, A6 M4W2L2	Â	  X	Â	Â
TCN/TNHC LP 1067 YONGE STREET TORONTO, A6 M4W2L2	Â	  X	Â	Â

Signatures

/s/ June Alikhan, Treasurer		02/05/2014
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Tricon USA Inc. ("TCN USA") is the sole member of Tricon XI GP LLC ("Tricon XI GP"), which is the sole general partner of Tricon XI Equity Holdings LP ("Tricon XI Equity"), which is the sole member of TCN/TNHC GP LLC ("TCN/TNHC GP"), which is the sole general partner of TCN/TNHC LP. As a result, each of TCN USA, Tricon XI GP, Tricon XI Equity and TCN/TNHC GP is an indirect beneficial owner of the reported securities, which are held directly by TCN/TNHC LP.

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