CORNFIELD ARROYO SECO SPECIFIC PLAN (CASP) UPDATE

CORNFIELD ARROYO SECO SPECIFIC PLAN (CASP) UPDATE

The Project Area comprises the entire area within the boundaries of the existing Cornfield Arroyo Saco Specific Plan (CASP), which includes approximately 1,600 assessor's parcels and approximately 600 acres (1.0 square mile) of land. The Project Area is located to the northeast of Downtown Los Angeles and is generally bordered by the communities of Chinatown to the west, Lincoln Heights to the east, and Cypress Park to the north. Thoroughfares include North Figueroa Street at the north, North Spring Street and North Main Street at the south, and North Avenue 19 and North San Fernando Road near the center portion of the Project Area. The Los Angeles River, Arroyo Seco, Interstate 5, State Route 110, and Metro A Line (formally L Line and Gold Line) pass through the Project Area, which also includes the Los Angeles State Historic Park. The Proposed Project is an update of the existing CASP. The update includes new land use and zoning regulations, incentives, and boundaries, for the purpose of encouraging affordable, mixed-income, and permanent supportive housing production. The Proposed Project would strengthen the existing CASP's affordable housing requirements, including the recalibration of the CASP's existing incentive zoning system; establish a new Community Benefits Program that incentivizes new publicly-accessible open space and community facilities; include provisions that facilitate the production of new 100% affordable housing and permanent supportive housing projects on public land; increase the zoning capacity for housing in targeted areas; and adopt a zoning system based on the City's new modular Zoning Code. The Proposed Project includes a Resolution Certifying EIR and Adopting General Plan Amendments, including General Plan Land Use and Framework Elements; Zone Change Maps; and various ordinances, including Ordinances to Repeal the Existing CASP and Establish the Proposed CASP, Recission of the CASP Floor Area Payment Trust Fund Ordinance, Proposed Amendments to the New Zoning Code, and Cypress Park and Glassell Park Community Design Overlay (COO) Amendment. The City Council's approved modifications to the Proposed Project are technical corrections to improve internal consistency, including with Chapter 1A (New Zoning Code) of the Los Angeles Municipal Code, and reflect Citywide changes that have occurred subsequent to the publication of the DEIR. The changes are consistent with the Proposed Project analyzed in the EIR and no new analysis is required. The modifications do not result in new or more severe significant impacts and the changes result in a minimal change to the Proposed Project described in the NOP and DEIR because the footprint/boundaries of the Proposed Project have not significantly changed, and the changes are limited to technical modifications that improve internal consistency.

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