State Land Acquisition AI toolset used in steps from identification through purchase
Description
Development of 1 or more tools that expedite or automate time consuming steps in the complex processes starting with property identification and justification and ending with property purchases.
Problem Statement
The steps necessary to identify land purchase targets, market to potential sellers, respond to properties for sale, connect with and support public buyers, make and manage offers, and execute the transactions are all labor intensive and require significant knowledge of relevant data and expertise. The human resources with these skills remain limited. The human steps seem to lend themselves to augmentation or replacement by AI and especially AI agents.
Project Justification
Significant funding (up to$100m currently) targeted for the preservation of land for public use will be up against deadlines for expenditure. Without significant added human resources, the targeting of the funds for optimal utility and value of land purchases relative to state goals cannot be realized, with lower valued outcomes as a result.
Estimated Transactions
None
Target Rollout Date
None
Target Rollout Date Reason
None
Activity
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Details
Sponsoring Leadership Area
Community Investment and Eco. Revitalization
Sponsoring Leadership Area's Priority
None
Program Area Lead(s)
Elizabeth Dragon, Priya Ratanpara
DOIT technical lead(s)
None
All Involved Leadership Areas
Community Investment and Eco. RevitalizationDiv. of Information Technology
Created: 22 October 2024, 21:05
Updated:
22 October 2024, 21:05