Treasury’s final rule for ARPA funds becomes effective on April 1st and the first report for NEU’s quickly follows on April 30th. As an “NEU,” once a year, you are required to submit Project and Expenditure reports, which includes project, obligation, and expenditure data, project demographics, subaward data, required programmatic data, and Civil Right compliance information. The first reporting deadline for NEUs is April 30, 2022, and covers the period between March 3, 2021 and March 31, 2022.