In this Article, the following words have the following meanings:
(a) Area-wide median income means the income level determined to represent the median income for the Washington area by the U.S. Department of Housing and Urban Development, adjusted for household size.
(b) Consumer Price Index means the latest published version of the Consumer Price Index for all Urban Consumers (CPI-U) for the Washington-Arlington-Alexandria Core Based Statistical Area (CBSA), as published by the United States Department of Labor, Bureau of Labor Statistics, or any similar index selected by the County Executive.
(c) Date of original sale means the date of settlement for purchase of a productivity housing unit.
(d) Date of original rental means the date that the first lease of a productivity housing unit takes effect.
(e) Department means the Department of Housing and Community Affairs.
(f) Developer means a person or other legal entity that seeks to develop a productivity housing project.
(g) Director means the Director of the Department or the Director's designee.
(h) Dwelling unit means a building or part of a building that provides complete living facilities for one family, including at a minimum facilities for cooking, sanitation and sleeping.
(i) Housing Initiative Fund means the fund established under section 25B-9.
(j) Productivity housing or productivity housing project means a project to build dwelling units for sale or rent at one location where at least 35 percent of the dwelling units are sold or rented to households with incomes below the area-wide median income.
(k) Productivity housing unit means a dwelling unit in a productivity housing project that is subject to rent limits or sales controls under this Article.
(l) Program means the productivity housing program. (1996 L.M.C., ch. 25, § 1; 2018 L.M.C., ch. 3, §1.)