The newly renovated home has an appraised market value of $340,000 and is being sold $165,000 below market value to income qualified homebuyers. Home must be owner-occupied and buyer’s gross household annual income cannot exceed the following (household size in parenthesis): $56,350 (1); $64,400 (2);$72,450 (3); $80,500 (4); $86,950 (5); $93,400 (6) $99,850 (7) $106,300 (8).