District of Columbia Code Division VIII. General Laws. § 47-1819. Definitions.

(1) “Area median family income” means the median family income for the Washington Metropolitan Statistical Area as set forth by the United States Department of Housing and Urban Development, adjusted for household size.

(2) “Class 3 property” shall have the same meaning as set forth in § 47-813(c-9)(4)(A).

(3) “Class 4 property” shall have the same meaning as set forth in § 47-813(c-9)(5)(A).

(4) “Eligible development costs” means amounts paid or incurred by an eligible taxpayer after December 31, 2026, for the acquisition, construction, substantial rehabilitation, demolition of structures located on, or environmental remediation of an eligible property.

(5) “Eligible property” means a Class 3 or 4 property registered or designated as vacant or designated as blighted vacant that is:

(6) “Eligible taxpayer” means a taxpayer certified by the Mayor pursuant § 47-1819.04(b) as eligible to claim the credit established under this subchapter.

(7) “Qualifying census tract” means a census tract which has:

(8) “Substantial rehabilitation” means amounts paid or incurred for rehabilitation of an eligible property if such amounts exceed $150,000.