Student Work

FinTech Project B23 - FAB Lab - Improvement to Site Selection and Due Diligence Process for Affordable Housing Projects in Worcester

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This report discusses the creation of Worcester PermitPro, a combination of AI and GIS technology to promote affordable housing development. The system addresses critical concerns such as housing safety, affordability, site selection, and due diligence and simplifies processes through automated due diligence support, funding awareness, and blockchain integration. The study analyzes the economic, social, and ethical aspects of the technology's impact on housing development, urban planning, permit processing, and decision-making. The analysis highlights the transformative power of AI, blockchain, and GIS in shaping housing policy while emphasizing the central role of technology and data-driven approaches in transforming housing policies and the potential benefits of adopting them.

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
Creator
Subject
Publisher
Identifier
  • 115168
  • E-project-121423-132622
Keyword
Advisor
Year
  • 2023
Sponsor
UN Sustainable Development Goals
Date created
  • 2023-12-14
Resource type
Major
Source
  • E-project-121423-132622
Rights statement
Last modified
  • 2024-02-07

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