To be eligible for the credit a property owner shall meet the following criteria:Purchase and occupy as the property owner’s principal residence a highperformance newly constructed dwelling; Receive a high-performance certification from DHCD; File a state income tax return as a resident of Baltimore City for each taxable year for which the credit is sought; The property owner may not be receiving the credit previously authorized under <cite data-doc="City of Baltimore, Md., Code" data-path="|28|§10-5">City Code Article 28, § 10-5</cite>; and The property owner shall timely submit a completed application in accordance with the specifications in § .05. To be eligible for the credit a property shall:Be one of the following:A newly constructed dwelling, or A vacant dwelling; Be located within the City of Baltimore; Be purchased by the owner-occupant following completion of the dwelling, or be constructed on land that was purchased by the owner-occupant prior to construction of the dwelling; Receive an occupancy permit following the construction or conversion; and Meet the standards set forth in the Maryland <cite data-doc="Md. Code" data-path="gtp|9-242">Tax-Property Article, § 9-242(a)</cite>. A property that meets the eligibility criteria and has an approved application becomes eligible for the credit with the first full-year tax bill issued after the latest ofThe high-performance certification date, The date on which the use and occupancy permit was issued, The first assessment notice of the newly constructed dwelling, or The date of settlement. The following items must be received by Finance prior to the approval of the property’s application:An application for the tax credit that is both:Complete, and Submitted in a timely manner; A final occupancy permit for the completed dwelling; and A certification of the property as a high-performance newly constructed dwelling by the DHCD. A credit may not be issued until the property is certified by DHCD as a highperformance newly constructed dwelling. DHCD shall issue a certification that, to the extent possible, provides a certification date that reflects the date on which the property became a HighPerformance building. In the event DHCD denies certification, DHCD will provide a letter identifying the reason for the denial. Prior to the issuance of a credit, the property owner is liable for all taxes due. Properties remain eligible for the credit for a period of five consecutive tax years.