Honeslty - trying to link this to Brexit is plain silly.
Let me give you a simple explanation of this wonderful 'EU funding'.
The only funding the EU has is the money that its member countries give to it. The £millions every week. That is your money that your UK Government took off you in taxes and then handed it to the EU.
The EU then takes its cut of that money to squander on shiny new offices, EU propaganda, other vanity projects and, as we are a net contributor, some is handed out to other countries.
What is left is then re-badged as 'EU funds" and handed back to the UK.
When you next have a household bill for, say £200 of electricty I suggest you hand £300 to your boss and ask him to pay your bill for you and ask him to keep a bit himself and to give the rest to your next door neighbour.
That's the the EU way.
Alternatively, you could pay the £200 directly to the electricity company yourself.
That's the sensible way.
We in the UK could easily pay housing associations ourself using our tax payers money that we no longer have to send to the EU.
P.S. We even have more money available for the UK as we are not funded the profligate EU and its wasteful projects