WELSH government loan money, planned for Milford Haven, should be used to help develop Haverfordwest and Pembroke, members of the county council’s cabinet will hear on Monday, September 10.

The Welsh Government has previously awarded Pembrokeshire County Council three phases of its Town Centre Loan Fund (TCLF) initiative; £1.25m in November 2014, £1m in January 2017, and £0.5m in January 2018, with funding only for use in Haverfordwest, Pembroke and Milford.

The initiate is a recyclable fund, meaning as money is repaid it is loaned again to further projects, before ultimately being repaid to the Welsh Government.

The £1m phase must be allocated to projects by September 30.

It was secured on the basis of the redevelopment of the Quay Stores buildings, Victoria Rod, Milford, by Milford Haven Port Authority, but is not specifically earmarked for that building.

Quay Stores has since received a significant ‘in principle’ grant award; the Port stating it will not take up the TCLF.

Cabinet members are asked to consider the money going to Foley House, Goat Street, Haverfordwest; 29 High Street, Haverfordwest; and South Quay, Pembroke.

A report for members suggests Grade 2* listed building Foley House, currently owned by the council but in the process of being transferred to The Welsh Georgian Trust, should get £150,000 towards its renovation.

29 High Street, described as a vacant and potentially dangerous building, should get £180,000, the report states.

The county council’s cabinet previously allocated £135,000 for this project, in May 2016.

The balance, the vast majority, at £570,000, should go to Pembroke’s South Quay development, the report said, adding the money, once recycled, would again be available for the three towns.

Cabinet members are asked to back the proposal, on terms to be agreed by the council's director of community services.