The following sounds strangely familier to what is going on in Neath - or have we got the wrong end of the stick?

by Jac O' The North

Publicly funded Pembrokeshire Housing shuffles money to its subsidiary, Mill Bay Homes. Mill Bay Homes builds private dwellings. Now it appears that Pembrokeshire Housing buys properties from Mill Bay Homes with grant funding. 

Why doesn’t Pembrokeshire Housing just build its own social housing with the money it receives from the ‘Welsh’ Government for that express purpose?’

Come to that, how many social housing units could Pembrokeshire Housing have built with the millions it’s passed to Mill Bay Homes? Is there no demand in Pembrokeshire for more social housing? If not, why is Pembrokeshire Housing still receiving grant funding?

Something is not right down west. Money goes into Pembrokeshire Housing from various sources, gets mixed up, and comes out the other end, with over £6m going to MBH (by the end of the financial year 31.03.2015).

Yet we are asked to believe that none of this money comes from grants received from the ‘Welsh’ Government. In other words, it is not public funding. Maybe the source is rents received from PH’s tenants, or money from sales of social housing. But who paid for that housing in the first place?

Doesn't this sound familier? Here in Neath questions must be asked as to where Coastal Housing are getting their funding from?   Our investigative reporter, STaN, is sure to follow this up.