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Since it is unlikely that adequate housing can be provided in Santa Ana within these gross rent ranges, rent subsidies would be necessary to households currently paying ~ore than 25% of their · income for rent (see Tables V-16 and V-17). o Using the County's 64.6% homeownership as a standard for Santa Ana (assuming the objective of bringing the City into balance with the County), the City would need to add approximately 15,263 owner occupied dwelling units to the City by 1990. Since the pro- ~ross housing demand~&s--o~.an additional (12,082~l~elling un~ts,.from(58,082~.households · ~14~4-~6 70,989 dwelling units-in-i990 (See Table V-14), to meet this objective would require that all new dwelling units be constructed for owner occupancy, and, in addition, Would require the conversion of approximately 3;181 units currently renter Occupied to owner.occupied status. o Approximately 11,000 families and unrelated indivi- duals receiving incomes of less than $4,800 (18.4% of the households in the City) are paying more than $1,200 annually (more than 25% of their incomes) for housing. Subsidy.programs would be necessary order to bring'housing coats in line with their incomes or to upgrade their housing conditions· This last point is illustrated in Table V-15 (Percentage Distributions of Rent or Housing Expenditure Versus Income of Families and Unrelated Individuals). Approximately 3.5% of the housing units in the City are valued at less than $9,600 or rent for less than $1,200 (including utilities). Unfor- tunately, approximately 21.9% of the families, and ~nrelated individuals in the City earn annual incomes below ~4,800. . Thus, there'is a d'ifference of 18.4 percentage points between the rent and value of housing and. the ability of this segment of the population to pay for such housing in this income range, indicating that a sizable, portion of these households are paying more than 25% of their annual incomes for housing. In addition, in 1974 the low-income segment (families and unrelate~ individuals with-incomes of less than $7,200) . - represented 34.8% of the households.. However, only 19.0% of the housing stock was in this income range (under $2,400 annual rent or housing expenditure), indicating that more than ~ of these households'were paying more than 25% of their annual income for housing. facts: Table V~15 also reflects the following (1) most of the housing stock offered to households for less than $1,200 were apartments and mobile homes; · 0000.90