Issuance of residential building permits

Issuance of building permits authorizing creation of one or more dwelling units, as defined by this chapter, through new construction or change of use shall be allowed under the procedures and requirements set forth herein. A permit is equivalent to a dwelling unit. Applicants for such residential building permits shall be authorized to proceed in the manner specified herein, and in accordance with the priority assigned to them. The total number of dwelling units authorized to begin construction in any quarter shall not exceed the calculated quota as established in § 400-161 of this article.