Guidance on Inventory Management System/PIH Information Center (IMS-PIC) Sub-Module Reporting and Validation
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Summary
AI summary — grounded in the notice text
This notice provides PHAs with guidance on maintaining accurate, timely unit designations in the IMS-PIC Development Sub-Module, since this data affects Operating Fund grant eligibility, performance scores, and funding levels. It replaces prior guidance and updates provisions on Over-Income Tenants, unit modernization categorization, and units affected by Natural Disasters. It also details the categories and sub-categories PHAs must use to classify units (Occupied, Vacant, Vacant HUD Approved, Non-Dwelling) and the approval processes required from HUD Field Offices.
Key Quotes
Verbatim from the notice
“This notice replaces Notice PIH-2021-35, updating several provisions to include key considerations related to Over-Income Tenants”
Verbatim from the notice
“information entered by PHAs into the IMS-PIC Development Sub-Module must be accurate since such information impacts their performance scores and funding levels”
Verbatim from the notice
“HUD relies on IMS-PIC data to determine eligible unit months (EUMs) for Operating Fund Grant calculations”
Key Dates
- Published
- Jan 29, 2024
Compliance deadlines
- Jan 29, 2024PHAs must ensure form HUD-50058 or HUD-50058 MTW submissions are made no later than 60 calendar days from the effective date of any action recorded on line 2b of the form
Programs
Supersession & Extension Chain
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