Kim Ky - Evaluating the Minneapolis 2040 Comprehensive Plan with Synthetic Control Method
Evaluating the Minneapolis 2040 Comprehensive Plan with Synthetic Control Method by Kim Ky
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Abstract: With its adoption of the Minneapolis 2040 comprehensive plan, Minneapolis became the first major city in the U.S. to eliminate zoning regulations that ban the construction of duplexes and triplexes. The changes are part of a strategy to expand housing supply, increase housing affordability, and encourage equitable development. As the City implements the Minneapolis 2040 plan and related housing policies, many want to know whether the changes will have the desired effect on housing access and affordability relative to what would have occurred without the 2040 plan. We evaluate the impact of the plan using Synthetic Control Method on various housing-related indicators. We continue to track and monitor these indicators as more data become available. Learn more at: https://minneapolisfed.shinyapps.io/M....
Bio: Kim-Eng Ky (Kim) is a data scientist in the Minneapolis Fed’s Community Development and Engagement Division. She conducts data analyses and visualizations and designs statistical models to help the Bank better understand issues affecting low- and moderate-income communities. Prior to joining the Minneapolis Fed in 2020, Kim worked for UnitedHealth Group and Metro Transit. Kim has a B.A. in economics and applied mathematics from Macalester College and an M.S. in statistics from the University of Minnesota.
Twitter: / kykimeng
Presented at the 2022 Government & Public Sector R Conference (December 2, 2022)