Baroness Scott of Needham Market – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Baroness Scott of Needham Market on 2016-09-12.

To ask Her Majesty’s Government, in the light of the EU referendum result, what is the status of applications made to the European Investment Bank by housing associations and local authorities.

Lord Bourne of Aberystwyth

The UK is and continues to be a shareholder of the European Investment Bank and the EIB has publicly stated that its engagement in the UK is unchanged. All existing loan contracts signed between UK promoters and the EIB remain in force, and the EIB has continued to sign and approve new projects since the referendum.