{"id":47267,"date":"2025-07-25T01:51:46","date_gmt":"2025-07-25T08:51:46","guid":{"rendered":"https:\/\/www.jewishindependent.ca\/?p=47267"},"modified":"2025-07-24T08:20:57","modified_gmt":"2025-07-24T15:20:57","slug":"tikva-secures-45-rental-units","status":"publish","type":"post","link":"https:\/\/www.jewishindependent.ca\/index.php\/2025\/07\/25\/tikva-secures-45-rental-units\/","title":{"rendered":"Tikva secures 45 rental units"},"content":{"rendered":"<p><i>Anat Gogo of Tikva Housing unveils the sign for the Ronald S. Roadburg Residences, with Tikva board co-chairs Andrew Charney and Penny Gurstein, former minister of housing and municipal affairs Ravi Kahlon, Richmond Mayor Malcolm Brodie and Richmond city councilors, and Bernard Pinsky of the Ronald S. Roadburg Foundation with staff and board members.\u00a0(photo by Alina Ilyasova)<\/i><\/p>\n<p><i><\/i>Tikva Housing has acquired a 45-unit apartment building in Richmond, now officially named the Ronald S. Roadburg Residences. The purchase marks the largest acquisition in Tikva\u2019s history and secures 30 two-bedroom and 15 one-bedroom units as long-term affordable housing.<\/p>\n<p>This acquisition was made possible through a transformational gift from the Ronald S. Roadburg Foundation and capital funding from British Columbia\u2019s Rental Protection Fund, which enables nonprofit organizations to purchase rental housing at risk of being lost to private redevelopment.<\/p>\n<p>\u201cWe\u2019re working on every front to address the housing crisis and rising costs, so people have an affordable home in the community they love,\u201d said Ravi Kahlon, who was at the time BC minister of housing and municipal affairs. \u201cWhen a building changes hands, residents worry whether they will be forced to move or pay much higher rent. By helping nonprofits to buy these buildings, we are protecting the people who have lived there for years, close to their families, their jobs and the activities they enjoy.\u201d<\/p>\n<p>Located at 8660 Westminster Hwy., rents at the property average approximately $1,500 to $1,600, or about 42% below community averages, and will remain below local market rates, providing stability and peace of mind for more than 110 residents.<\/p>\n<p>\u201cIt\u2019s a relief that Tikva has stepped in to secure the future of the Ronald S. Roadburg building. It\u2019s helped me set aside a nagging fear of needing to relocate due to redevelopment or similar,\u201d said tenant Timothy Schafli. \u201cI\u2019m happy to have called Richmond home for over a decade and that I\u2019m confident I\u2019ll be able to continue to do that. Thanks to Tikva for the excellent communication during the transition as well.\u201d<\/p>\n<p>The property in central Richmond offers residents access to amenities like transit and schools, along with opportunities for individuals and families to engage in religious, cultural and social networks.<\/p>\n<p>\u201cThis momentous acquisition embodies the core of Tikva\u2019s mission to provide access to innovative housing solutions \u2013 giving new hope to individuals and families in need, transforming lives and strengthening the community,\u201d said Anat Gogo, executive director, Tikva Housing. \u201cWe are deeply grateful to the Ronald S. Roadburg Foundation for their extraordinary generosity and to the Rental Protection Fund for ensuring these 45 homes will remain protected and affordable for generations to come.\u201d<\/p>\n<p>The building is named in honour of the late businessman and philanthropist Ronald S. Roadburg.<\/p>\n<p>\u201cProviding secure and affordable homes strengthens the entire community, and we are honoured to help make this happen,\u201d said Bernard Pinsky, chair of the foundation.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<figure id=\"attachment_47268\" aria-describedby=\"caption-attachment-47268\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.jewishindependent.ca\/wp-content\/uploads\/2025\/07\/jul-25-affordable-housing.25.Tikva-Housing-mezuzah-hanging-RSRR-Opening_SOV8097.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-47268\" src=\"https:\/\/www.jewishindependent.ca\/wp-content\/uploads\/2025\/07\/jul-25-affordable-housing.25.Tikva-Housing-mezuzah-hanging-RSRR-Opening_SOV8097.jpg\" alt=\"photo - Bernard Pinsky, chair of the Ronald S. Roadburg Foundation, helps Chabad Richmond Rabbi Yechiel Baitelman hang the mezuzah at the entry of the Ronald S. Roadburg Residences\" width=\"600\" height=\"394\" srcset=\"https:\/\/www.jewishindependent.ca\/wp-content\/uploads\/2025\/07\/jul-25-affordable-housing.25.Tikva-Housing-mezuzah-hanging-RSRR-Opening_SOV8097.jpg 600w, https:\/\/www.jewishindependent.ca\/wp-content\/uploads\/2025\/07\/jul-25-affordable-housing.25.Tikva-Housing-mezuzah-hanging-RSRR-Opening_SOV8097-300x197.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-47268\" class=\"wp-caption-text\">Bernard Pinsky, chair of the Ronald S. Roadburg Foundation, helps Chabad Richmond Rabbi Yechiel Baitelman hang the mezuzah at the entry of the Ronald S. Roadburg Residences.\u00a0<em>(photo by Alina Ilyasova)<\/em><\/figcaption><\/figure>\n<p>The project also received support from the BC Rental Protection Fund. Marking its first acquisition in the City of Richmond, the fund contributed $5 million toward the purchase, helping keep housing affordable for tenants. This includes $1.2 million in renewal grants to help with building improvements to keep the homes safe and comfortable.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201cInvesting in protecting the affordable housing we already have means we spend less while achieving more \u2013 more capacity, more resilience, more opportunity,\u201d said Katie Maslechko, chief executive officer of the Rental Protection Fund.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>According to the Metro Vancouver Jewish Housing Registry, of its 450 applicants, 200 are specifically seeking affordable housing in Richmond.<\/p>\n<p>\u201cToday\u2019s announcement of Tikva acquiring 45 units of rental housing at the Ronald S. Roadburg Residences is great news for Richmond residents, as these 45 units will provide much-needed rental tenure housing for seniors, families and members of the local workforce for years to come,\u201d said Richmond Mayor Malcolm Brodie.<\/p>\n<p>Tikva\u2019s rental portfolio includes a mix of rental rates, ranging from shelter to below market and adhering to relevant provincial and federal social housing standards.<\/p>\n<p>\u201cThis acquisition represents a strategic investment in long-term<span class=\"Apple-converted-space\">\u00a0<\/span>affordability and community stability in a region where purpose-built rental housing is increasingly scarce,\u201d said Wei Liu, Tikva\u2019s housing development manager.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>For more information, visit <a href=\"https:\/\/www.tikvahousing.org\" target=\"_blank\" rel=\"noopener\">tikvahousing.org<\/a>.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p style=\"text-align: right;\"><i>\u2013 Courtesy Tikva Housing Society<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anat Gogo of Tikva Housing unveils the sign for the Ronald S. Roadburg Residences, with Tikva board co-chairs Andrew Charney and Penny Gurstein, former minister of housing and municipal affairs Ravi Kahlon, Richmond Mayor Malcolm Brodie and Richmond city councilors, and Bernard Pinsky of the Ronald S. Roadburg Foundation with staff and board members.\u00a0(photo by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":47269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1974,24074,6098],"class_list":["post-47267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","tag-affordable-housing","tag-ronald-s-roadburg-foundation","tag-tikva-housing"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"_links":{"self":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/posts\/47267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/comments?post=47267"}],"version-history":[{"count":0,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/posts\/47267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/media\/47269"}],"wp:attachment":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/media?parent=47267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/categories?post=47267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/tags?post=47267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}