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European development funding will end in 2020 in event of a no-deal Brexit, government reveals

Social housing providers will be barred from accessing European development funding after 2020 if Britain leaves the European Union without a deal, the government has confirmed.

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European development funding will end in 2020 in event of a no-deal Brexit, government reveals #ukhousing

A series of papers has been published by the Department for Exiting the European Union which advise businesses how a ‘no-deal’ scenario could affect them, one of which details the impact on the European Regional Development Fund after the exit day.

It suggests that organisations would be “unable to access EU funding” for projects, which in the past have included money for retrofitting homes and kick-starting development schemes.

Uncertainty regarding future funding arrangement post-Brexit has been a concern for some time. In the months after the vote, the Greater Manchester Combined Authority released a report into the future of its development programme amid fears that it would lose EU funding for its development fund, Evergreen.

“There is an immediate risk to property investment because the current uncertainty of European Regional Development Fund funding means that it is possible that we will not be able to access the funding required to extend the Evergreen Fund as originally planned,” it said at the time.


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On Friday, the government said it was “committed to ensuring that there will be no gap in funding for regional growth in the event of a no-deal”. It has previously announced that it would guarantee certain EU projects which have already been agreed in the current funding period, which runs until 2020.

“Organisations should continue applying for and delivering funding under current arrangements with confidence that the funding guarantee applies if there is no negotiated agreement between the UK and the EU,” it said.

Meanwhile, companies were warned that they will have to grapple with new procurement rules if no deal is agreed.

The government also released details on Friday about accessing public sector contracts, which suggested that a “replacement UK-specific e-notification service” would replace the current tender process.

At present, all tenders are published via the Official Journal of the European Union (OJEU).

It has also confirmed that existing state aid rules will be transposed into UK domestic legislation – which would provide the existing EU protection for social housing grant.

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