Executive Summary FAQs - IMS-PIC

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How do I correct data in Executive Summary?

The Executive Summary pulls data from other sections of IMS-PIC so the data must be corrected in those other sections. Financial data is transferred weekly on Saturdays from the HUD financial systems (HUDCAPS for Section 8 funding and PAS-LOCCS for Operating Subsidy and other grants) so any disagreement with the values must be resolved in those systems. Call your field office for assistance with these types of errors. IMS-PIC merely reports the values in those other systems and cannot correct any discrepancies in those systems.

What purpose does Executive Summary serve?

The Executive Summary is intended to be a “snapshot” of the status and condition of the HA for use by higher management for monitoring, during board or commissioner briefings and for communicating with the public. HUD uses it to brief senior officials concerning an agency in the spotlight due to exceptional performance, notoriety, or other issues. It can be printed to include in a briefing book or downloaded to a text file for use in other reports and documents. It has eight parts which can be included in the report:

1. Details (formal name, HA Code, program type, fiscal year end, and assigned HUD office)
2. HA Address (physical and mailing addresses)
3. HA Contacts (Executive Director and Board Chairperson)
4. HA Inventory (Low Rent: Development and Unit Counts; Section 8: Increment and Unit Counts)
5. Funding (Funding source; Fiscal Year; and Authorized, Disbursed, Obligated and Disbursed Funds)
6. Performance (PHAS and SEMAP scores, as applicable)
7. Comments (Reviewer High Level Comments)
8. Demo/Dispo (Summary of Units Approved and Units Removed, by Development Number)

How can I correct the financial data shown?

The financial data is transferred weekly on Saturdays from the HUD financial systems (HUDCAPS for Section 8 funding and PAS-LOCCS for Operating Subsidy and other grants) so any disagreement with the values must be resolved in those systems. Call your field office for assistance with these types of errors. IMS-PIC merely reports the values in those other systems and cannot correct any discrepancies in those systems.