Negotiations to secure long-term loans from EIB (EIB) worth more than £ 200m ( $258m ) for various Brexit housing associations have stalled thanks to Brexit , according to Tim Wallace , CEO of the European Investment Bank . Stuart Ropke, chief executive of Community Housing Cymru, which represents the sector in Wales, told the BBC the organisation had been working to help secure long-term loans worth more than £ Ropke said there was "no shortage" of institutions keen to invest in the successful sector, but said "what the the European Investment Bank money would have done – those terms that were on offer, particularly the cost of funding – was very attractive".
Negotiations to secure long-term loans from EIB (EIB) worth more than £ 200m ( $258m ) for various Brexit housing associations have stalled thanks to Brexit , according to Tim Wallace , CEO of the European Investment Bank . Ropke said there was "no shortage" of institutions keen to invest in the successful sector, but said "what the the European Investment Bank money would have done – those terms that were on offer, particularly the cost of funding – was very attractive".