What is summarization?
The summarization process includes the collection of data and generation of percentages and averages for the Form-50058 module monthly Form 50058 reports. PHAs must transmit Form HUD-50058 by Midnight Thursday before the first Friday of the following month for inclusion in the summarization process. In addition, forms must have an effective date that falls within the report date range. On the first Friday evening of the following month, the Form-50058 module begins the summarization process. This process takes 30-40 hours after which you can access the Form-50058 module monthly reports for the previous month. Example: If you transmit Form HUD-50058 data during the month of April and May 1st falls on Tuesday, the Form-50058 module must receive data by Midnight (EST) on Thursday, May 3 for inclusion in your April monthly reports. The summarization process begins the first Friday in May (May 4th in this example) and usually is completed by mid-day Sunday. Until this summarization process
