of whether depreciation (or amortization in lieu of depreciation) is allowable under such section 179D(c)(1)(A) shall be made without regard to section 933 of such Code, (B) such section 179D(c)(1)(B)(i) shall be applied by substituting Puerto Rico or the Virgin Islands for the United States , and (C) subsection (h) of section 179D of such Code shall not apply. (5) Eligible person For purposes of this subsection, the term eligible person means— (A) any individual that is a bona fide resident (as defined under section 937 of the Internal Revenue Code of 1986) of Puerto Rico or the Virgin Islands, and (B) any corporation which is organized under the laws of Puerto Rico or the Virgin Islands. (6) Secretary of the Treasury Any reference in this subsection to the Secretary of the Treasury shall be treated as including the Secretary's delegate. (7) Application of special rules Rules similar to the rules of subsections (d), (f), and (g) of section 179D of the Internal Revenue Code of 1986 shall apply with respect to grants under this subsection. (b) Appropriations For fiscal year 2018, there is hereby appropriated to the Secretary of the Treasury $11,500,000, to remain available until expended, to carry out the purposes of this section. 213. Incentives for new energy efficient homes (a) Grant program for Puerto Rico and the Virgin Islands (1) In general Upon application, the Secretary of the Treasury shall, subject to the requirements of this subsection, provide a grant to each eligible contractor with respect to each qualified new energy efficient home which is— (A) constructed by an eligible contractor, and (B) acquired by a person from such eligible contractor for use as a residence. No grant shall be made under this subsection with respect to any qualified new energy efficient home unless such home is acquired by another person for use as a residence after September 20, 2017. (2) Amount of grant The amount of the grant under paragraph (1) with respect to any qualified new energy efficient home is an amount equal