As artificial intelligence (AI) continues to transform industries across the economy, the multifamily and affordable housing sector is beginning to explore technologies that can enhance efficiency, decision-making and impact. Bob Simpson, founder and CEO of Multifamily Impact Council, discusses the readiness of the multifamily industry for widespread AI adoption. Bob explores how AI is reshaping portfolio construction and risk assessment, the technological and cultural barriers slowing progress, and the importance of strong data standards to accelerate innovation. He also highlights how AI is already driving meaningful change in impact-driven housing initiatives — helping property owners, residents, and local governments achieve greater efficiency and stability.
Is the multifamily and affordable housing sector ready for widespread AI adoption?
I think the industry is ready. You’re already seeing a lot of early adopters, especially among the larger
