Over 100 new homes to support those most vulnerable in Regina

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Check out this article: https://www.cmhc-schl.gc.ca/en/media-newsroom/news-releases/2022/new-homes-support-most-vulnerable-regina

Regina, Saskatchewan, March 10, 2022

Everyone in Canada deserves a safe and affordable place to call home. Affordable housing is key to Canada’s pandemic recovery for communities across the country, including in Regina.Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, was joined by Tara Osipoff, Executive Vice-President, Avana, and Nicki Ackerman, CEO of Avana Foundation Inc., to announce a federal investment of $30.8 million to support the construction of new housing through the National Housing Co-investment Fund (NHCF), representing the largest federal investment in affordable housing through the National Housing Strategy (NHS) for the city of Regina.Located on Trombley Street, the three-storey, wood-frame apartment building will be comprised of 116 units, with 39 units of affordable housing dedicated for women and children fleeing domestic violence. Building amenities include 117 electrified surface parking stalls, as well as an onsite turf play area, and a playground in the interior courtyard for children to play.

The building will be owned and operated by Avana Foundation Inc., the non-profit arm of the Avana, a real estate development and property management company based in Regina. Established in 2019, the Avana Foundation Inc. was created to provide affordable housing and give back to the western Canadian communities where they operate.

Construction of the Trombley Street project is currently underway and will begin welcoming residents in spring 2023.

This investment by the Government of Canada was made possible by the National Housing Strategy’s (NHS) National Housing Co-investment Fund (NHCF).

Avana Foundation