What does £2m buy you?
The Housing Finance Corporation (THFC) invests £13m of funds sourced from the European Investment Bank (EIB) into two sites in Hackney being built for Genesis Housing Group and Network Housing Group. Between both schemes, the saving for the duration of the loan compared to bank funding adds up to over £2m. EIB’s AAA credit rating provides the cheapest long dated fixed source of funds available to housing associations. This saving allows grant to be spread further and allowing more developments to take place.
No comments
As anyone who’s visited the 
It sounds like an oxymoron, something like an “honest politician” but in this case it is not a panoramic vista but my interpretation of my visit to South Wales.
On Wednesday last week, THFC gave a presentation to a group of Scottish associations concerning the potential for distributing European Investment Bank (EIB) loan finance to them. This funding is cheaper than any other lenders’ rates and is specifically targeted at the financing of urban regeneration schemes. 
THFC will be in Edinburgh on Wednesday 20 May to give a presentation on European Funding opportunities for Scottish Associations. This is the outcome from a recent visit to members of the Scottish Government Housing Team and The Scottish Housing Regulator in Glasgow to discuss opportunities for THFC to lend European Investment Bank (EIB) urban regeneration funding to Scottish Associations.
Belfast has seen major upheaval over the last few decades both for good and for bad reasons. On the downside, there has been industrial decline. In their heyday the dockyards employed a large proportion of the workforce and completed high profile projects such as the ill fated Titanic. Sampson and Goliath the two huge crane gantries still loom large on the horizon of the city as listed monuments, reminding all who pass by of an illustrious past.