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It’s Easy!
If you want to build your own home one day, AMLI can help you realize your
dream. Just pay your rent. It’s that simple. You are automatically enrolled
when you sign your AMLI lease, no applications and no fees. So while you’re
hoping to build your very own nest one day, you might as well live life at an
AMLI community, where it’s fun and easy!
How Much Do I Really Get?
With AMLI’s Nest Egg program, 20% of your base apartment rent is applied as a
non- monetary credit towards the purchase price of a new home when you buy from
a participating builder. This credit may not exceed 2% of the base purchase
price of the home, and you must have lived at an AMLI community for six
consecutive months.
The actual amount of non-monetary Nest Egg credit is determined by a simple
formula:
1. The amount of base apartment
rent you pay each month.
2. The number of consecutive
months you live at an AMLI community.
Here’s How It Works.
Visit your AMLI leasing office to request a Preliminary Certificate. You must
take this with you when you first visit a participating homebuilder’s office.
If you decide to purchase a home, you must obtain a Final Certificate from
AMLI. This will validate your eligibility and credit amount for the homebuilder
prior to closing on the home. Only one Certificate allowed per home purchase.
Each leaseholder is eligible to earn the full credit amount, but credits cannot
be combined.
* AMLI’s Nest Egg program is currently available in our
Austin,
Chicago,
Houston,
Dallas, and
Atlanta
communities. Program start dates vary by market. Please check back for updates
to this program.
Participating Builders:
Atlanta: Centex Homes,
Pulte Homes,
KB Home
Austin: KB Home,
Portrait Homes,
Ryland Homes
Chicago: Pulte Homes,
Ryland Homes
Dallas: KB Home,
Ryland Homes, Choice Homes
Houston: Ryland Homes,
Portrait Homes
*Click on a builder to view their website
The AMLI Nest Egg is a non-cash equity credit program and does not represent a
savings plan or rebate on rent paid. It represents a credit that can only be
applied toward the purchase of a new home built by a participating homebuilder.
AMLI resident cannot use a real estate agent or broker at any point during the
home purchase transaction. Resident has 160 days from move out date to use
their Nest Egg equity credit. If AMLI sells the community where resident
resides, he/she has one year from the sale date to use Nest Egg credit.
Resident must uphold standard terms and conditions of his/her lease.
Information is subject to change.
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