Tikva Housing Society

What Tikva Housing Society does

Tikva Housing Society is a Vancouver-based non-profit charitable organization (registered in British Columbia, Charitable Registration #84256 2613 RR0001) that develops, acquires, and operates affordable rental housing primarily for Jewish individuals and families in Metro Vancouver. As of the 2024–2025 fiscal year, Tikva operates 213 housing units across eight properties in Burnaby, Richmond, and Vancouver, housing nearly 500 individuals. Its portfolio includes directly owned buildings such as the 45-unit Ronald S. Roadburg Residences (acquired 2025), the 20-unit Al and Lola Roadburg Residences (acquired 2023), and Susana Cogan Place (20 units, opened 2023), as well as partnership-managed units in larger developments including xwəpic̓ən/Arbutus Centre, Storeys/Diamond Residences, Dogwood Gardens, and the Community Housing Land Trust Foundation's 358-unit initiative. Rents are structured in three tiers — shelter rate, BC Housing Income Limits (HILs), and lower-end-of-market (approximately 10% below market) — with the Roadburg Residences averaging $1,500–$1,600 per month, roughly 42% below community averages.

The organization also runs a Rent Relief Program that has supported 71 unique households between 2021 and 2025 with short-term financial assistance, and it operates the Jewish Housing Registry, an online eligibility and matching system that tracks 499 applicants (including 173 seniors and 125 families with children). Its core technology is essentially none beyond standard web properties; competitive differentiation rests on community ties, regulatory lock-in (lifetime affordability covenants via BC Housing, the City of Vancouver, and BC's Rental Protection Fund), and the Jewish Housing Registry's applicant data.

Tikva is funded entirely through donations and grants — no equity, no debt financing disclosed — and is governed by a volunteer board (current Co-Chairs Penny Gurstein and Andrew Charney) and led by Executive Director Anat Gogo. Capital is sourced from a small number of anchor foundations (notably the Ronald S. Roadburg Foundation and the Al Roadburg Foundation) and provincial/municipal programs (BC Housing's Building BC: Community Housing Fund, BC's Rental Protection Fund, City of Vancouver inclusionary zoning, Community Amenity Contributions). Revenue from operations (rents and operating subsidies) is supplemented by these transformational gifts, with the largest single donation being a $10 million gift from the Al Roadburg Foundation in March 2023.

Name

Tikva Housing Society

Legal name

Tikva Housing Society

Website

https://tikvahousing.org

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Affordable Housing / Social Housing

NAICS

Community Housing Services (62422), Other Community Housing Services (624229)

SIC

Services-Social Services (8300), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA), Public Housing & Social Housing Development/Modernization Programs (FSALAKAH), Housing Assistance & Homeless Services (BPAGAEAB)

Keywords

• Affordable housing services
• Non-profit rental housing
• Rent relief program
• Community housing development
• Subsidized housing management

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Donations and Grants: Tikva's work is funded entirely through donations and grants. The organization receives transformational gifts from foundations such as the Ronald S. Roadburg Foundation ($255,000 grant, $10 million donation) and Al Roadburg Foundation.
2. Rental Revenue: Rental income from tenants in affordable housing units. Rents range from shelter rate to below market rate, averaging approximately $1,500 to $1,600 (42% below community averages) at Ronald S. Roadburg Residences.
3. Government Funding and Partnerships: Capital funding from BC's Rental Protection Fund ($5 million toward Ronald S. Roadburg acquisition), BC Housing grants (approximately $3 million through Building BC: Community Housing Fund), and municipal government contributions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Tikva Housing Society provides affordable rental housing to low- and moderate-income individuals and families, primarily within the Jewish community of Metro Vancouver. It operates 213 housing units across eight owned or partnered properties, manages the Jewish Housing Registry to match eligible applicants with vacancies, and runs a Rent Relief Program that provides temporary financial assistance to private market renters in crisis.

Product overview

Tikva Housing Society is a non-profit affordable housing provider operating a portfolio of housing services and properties in Metro Vancouver. The organization offers affordable rental housing units across multiple properties (including Ronald S. Roadburg Residences, Susana Cogan Place, Al and Lola Roadburg Residences, Ben and Esther Dayson Residences, and Diamond Residences), a Rent Relief Program for temporary financial assistance, and manages the Jewish Housing Registry for eligibility determination. The core product is affordable rental housing management, with services targeting primarily Jewish individuals and families in need. Properties are owned/operated directly or in partnership with other non-profit organizations and government agencies.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Rental Housing A portfolio of 213 affordable rental housing units across eight properties in Metro Vancouver (Vancouver, Burnaby, and Richmond), providing stable homes primarily for Jewish individuals and families with low to moderate incomes.
• Rent Relief Program
• Jewish Housing Registry An online registry system used to determine housing eligibility based on family composition, gross income, and other criteria when vacancies become available.
• Ronald S. Roadburg Residences A 45-unit apartment building in Richmond (30 two-bedroom and 15 one-bedroom units) providing long-term affordable housing, with rents averaging approximately $1,500 to $1,600, about 42% below community averages.
• Susana Cogan Place A 20-unit affordable rental development in South Burnaby comprising studio, one, and two-bedroom homes, developed in partnership with Polygon Homes and BC Housing.
• Al and Lola Roadburg Residences A 20-unit four-story apartment building in Vancouver's Kerrisdale neighbourhood providing affordable housing close to synagogues, schools, and other Jewish community amenities.
• Ben and Esther Dayson Residences 32 townhomes in Vancouver's River District forming a family-oriented community with more than 60 children.
• Diamond Residences (Storeys) 18 units within the 129-unit Storeys development in Richmond, focusing on family housing with one-, two-, or three-bedroom homes, in partnership with four other non-profit agencies.
• Dogwood Gardens (Partnership with S.U.C.C.E.S.S.) 138 new affordable homes in Vancouver developed in partnership with S.U.C.C.E.S.S. and the City of Vancouver as part of the Cambie Gardens development, with 30 units managed by Tikva.
• xwəpic̓əm (Arbutus Centre) 125 new affordable homes at 4105 Arbutus Street in Vancouver's Kerrisdale neighbourhood, operated in partnership with YWCA Metro Vancouver and Association of Neighbourhood Houses of British Columbia.

Quantifiable outcome

• 213 units across 8 properties housing nearly 500 individuals as of 2024-2025
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core.

• Polygon HomescoreStrategic or Co-development PartnerDeveloper partner for Susana Cogan Place affordable housing project in Burnaby. Tikva's 20 units are on the 3rd floor of a five-storey, 122-unit condominium development.
• S.U.C.C.E.S.S.coreStrategic or Co-development PartnerPartnership with S.U.C.C.E.S.S. Affordable Housing Society to manage 138 new affordable homes at Dogwood Gardens in Vancouver. Tikva manages units as part of this innovative partnership with City of Vancouver.
• YWCA Metro VancouvercoreStrategic or Co-development PartnerPartnership at xwƛ̓əpicən (Arbutus Centre) where YWCA manages 32 units for single mothers and Tikva manages additional units. Both partner with Association of Neighbourhood Houses of British Columbia.
• Jewish Family Services of VancouvercoreChannel Partner/ Reseller/ DistributorReferral partner for housing applications. Applicants contact Jewish Family Services Community Care Line and complete Client Intake Form to apply through the Jewish Housing Registry.
• Community Housing Land Trust FoundationcoreStrategic or Co-development PartnerTikva joined groundbreaking partnership led by Co-operative Housing Federation of BC to develop 358 housing units on four City-owned sites through 99-year land leases. Tikva provides 32 homes for low-income families on East Kent Avenue.
• Storeys Consortium PartnerscoreStrategic or Co-development PartnerConsortium of five non-profits (Coast Mental Health, Pathways Clubhouse, S.U.C.C.E.S.S., Tikva Housing Society, Turning Point Recovery Society) developed 129-unit Storeys building in Richmond for vulnerable populations.
• Jewish Housing RegistrycoreChannel Partner/ Reseller/ DistributorOperated by Tikva to match eligible Jewish community members with affordable housing units. Registry analyzes applications based on family composition, gross income, and other criteria.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Emerging players

• Maytree Foundation: Canadian foundation focused on housing and homelessness policy, including affordable housing grants; comparable non-profit funder/operator model at policy and grantmaking level.

Direct peers

• Coast Mental Health: Co-developer of the Storeys 129-unit building in Richmond; non-profit housing and support services provider for people with mental health challenges in Metro Vancouver.
• YWCA Metro Vancouver: Co-operates xwʔəpicən and multiple affordable housing sites with Tikva; provides transitional and affordable housing for women, children, and families in Metro Vancouver.
• Atira Women's Resource Society: Non-profit operating affordable and supportive housing for women and children fleeing violence in Metro Vancouver; comparable operating model and partnership-style growth.
• S.U.C.C.E.S.S. Affordable Housing Society: Co-manages Dogwood Gardens (138 units) with Tikva and operates non-profit affordable housing for immigrant and low-income communities in Metro Vancouver.
• Community Housing Land Trust Foundation: Lead partner on the 358-unit, four-site land trust initiative in which Tikva provides 32 units; permanent-affordability non-profit housing in Metro Vancouver.
• Pathways Clubhouse: Co-developer of the Storeys building; non-profit providing housing and recovery support for adults with mental illness in Metro Vancouver.
• Turning Point Recovery Society: Fifth co-developer of the Storeys 129-unit building; non-profit recovery housing operator in Metro Vancouver.

Broad incumbents

• BC Housing: Provincial housing authority and Tikva's largest public funder ($3M+ via Building BC); operates and funds a wide portfolio of social housing across British Columbia.
• Habitat for Humanity Canada: National non-profit affordable housing provider using a combination of volunteer builds, partnerships, and low-cost homeownership models — analogous model at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/TikvaHousing
• Facebookfacebook.com/tikvahousing
• LinkedInlinkedin.com/company/tikva-housing-society

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tikva Housing Society