Skip to content
CMHC Home Canada Mortgage
and Housing Corporation
  • Sign In or Register
  • Français
  • MENU
MENU
× Français
  • Home
  • Professionals
    • Project funding and mortgage financing
      • Funding programs
        • Affordable Housing Fund
        • Affordable Housing Innovation Fund
        • Apartment Construction Loan Program
        • Canada Greener Affordable Housing
        • Community (social) housing
        • Federal Lands Initiative
        • Funding for Indigenous housing
        • Housing Supply Challenge
        • Innovation and research
        • National Housing Strategy Project Profiles
        • Rapid Housing Initiative
      • Mortgage Loan Insurance Products
        • Homeowner and Small Rental Mortgage Loan Insurance
          • CMHC Purchase
          • CMHC Improvement
          • CMHC Income Property
          • CMHC Refinance
          • CMHC Newcomers
          • CMHC Self-Employed
          • CMHC Portability
          • Eco Products for Lenders
        • Multi-Unit and Rental Housing
          • MLI Select
        • Default, claims and properties for sale
        • Underwriting centre
        • emili
        • NHA approved lenders
        • Calculating GDS / TDS
        • How to recognize and report mortgage fraud
        • Contact mortgage loan insurance
        • Insured Mortgage Purchase Program (IMPP)
      • Securitization
        • NHA Mortgage Backed Securities
        • Canada Mortgage Bonds
        • Canadian registered covered bonds
        • Blockchain in the housing industry
    • Housing markets, data and research
      • CMHC Reports Calendar
      • Housing markets
        • Housing market reports
        • Mortgage market and consumer reports
        • Fall 2024 Rental Market Report
      • Housing research
        • Consultations
          • Prohibition on the Purchase of Residential Property by Non-Canadians Act
            • Prohibition on the Purchase of Residential Property by Non-Canadians Act – Frequently asked questions
        • Housing research reports
        • Housing surveys
          • Mortgage consumer surveys
        • Research awards and scholarships
        • Understanding core housing need
        • Collaborative Housing Research Network
      • Housing data
        • Data tables
          • Household characteristics data
          • Housing market data
          • Mortgage and debt data
          • Rental market data
        • Housing market information portal
        • Residential Mortgage Industry Data Dashboard
        • CMHC licence agreement for the use of data
        • Housing Knowledge Centre
    • Industry innovation and leadership
      • Housing innovation
      • Our Partners
        • Partnerships
        • Federal, Provincial and Territorial Forum on Housing
      • Industry collaboration
        • Expert Community on Housing (ECoH)
      • Industry expertise
        • Affordable housing
        • Indigenous housing
        • Senior housing
        • Accessible and adaptable housing
        • Developing sustainable housing
        • Resources for mortgage professionals
        • CMHC newsletters
    • Events and speakers
      • Conferences
        • 2024 National Housing Conference
          • About
          • National Housing Conference - Agenda
          • Location
          • InnoZone
          • Details for participants
      • Speakers’ bureau
        • Kevin Hughes
  • Consumers
    • Buying a home
      • Homebuying calculators
        • Mortgage calculator
        • Affordability calculator
        • Debt service calculator
      • Buying guides
        • Homebuying step by step
        • CMHC's condominium buyer's guide
      • Mortgage loan insurance for consumers
        • What is CMHC mortgage loan insurance?
        • Do I qualify for mortgage loan insurance?
        • CMHC mortgage loan insurance costs
        • CMHC's Eco Products
          • CMHC’s Eco Improvement
          • CMHC Eco Plus
        • CMHC — home renovation financing options
        • FAQs — mortgage loan insurance
      • Incentives for homebuyers
      • Newcomers
      • The First-Time Home Buyer Incentive
    • Owning a home
      • Manage your mortgage
        • Mortgage fraud
        • Mortgage planning tips
        • Plan and manage your mortgage
        • Your credit report
        • Your home value
      • Aging in place
        • Housing options for Seniors
        • Housing and finance tips
        • Mortgage financing options for people 55+
        • Preventing fraud and financial abuse
    • Renting a home
      • I want to rent
        • Things to consider before renting
        • Types of housing for rent in Canada
        • Finding or advertising a rental property
        • Visiting the rental property
        • Lease and rental agreements
        • Signing the lease
        • Credit checks and bad credit
        • Rental payments and deposits
        • Roommates and pets
      • I am renting
        • Moving day
        • Landlord/Tenant responsibilities
        • Inspections
        • Maintenance and repairs
        • Complaints and evictions
        • Rent increases
        • When you can't pay rent
        • Renewing or terminating the lease
        • Moving out
      • One-Time Top-Up to the Canada Housing Benefit
      • COVID‑19: eviction bans and suspensions to support renters
  • About CMHC
    • CMHC’s goals, values and commitment to housing
    • Discover Life at CMHC
    • Management and governance
      • Speakers’ bureau
      • CMHC's Annual Public Meeting
      • CMHC’s board of directors and committees
      • Our management committee
      • Pension governance
        • Pension overview
        • Key roles and responsibilities
        • Annual reports
    • Corporate reporting
      • CMHC’s 2023 Annual Report
      • Program evaluation
      • Quarterly financial reports
      • Joint auditors special examination report to CMHC board 2018
      • CMHC’s Insured Mortgage Deferral
      • Corporate Plan Summary
      • Transparency
        • Access to information and privacy protection
        • Accessibility at CMHC
        • Accessibility feedback process
        • Briefing materials
        • Procurement
          • Vendor Diversity Program
        • Travel, hospitality and conference expenditures
    • Contact us
      • Contact mortgage loan insurance
      • Regional offices
      • Granville lsland
      • Indigenous and the North Housing Solutions
      • National office
      • Holiday service hours
  • Media Newsroom
  • National Housing Strategy
    • What is the strategy?
      • About the initiatives
      • How to apply
      • Help and resources
      • The National Housing Strategy Glossary of Common Terms
    • Federal/Provincial/Territorial housing agreements
    • Other funding and financing opportunities
  • The Housing Observer
  • Canada’s Housing Podcast
  • Careers
  • Housing Knowledge Centre
 
  • Home
  • Media Newsroom
  • Making housing more affordable for seniors in Yellowknife
  • Save
  • Share
Save Icon

SAVE TO MY FOLDER

Making housing more affordable for seniors in Yellowknife

SAVE
Close this Window   |   Manage my Folder
Save Icon

SAVE TO MY FOLDER

Making housing more affordable for seniors in Yellowknife

Done Done!
Close this Window   |   Manage my Folder
Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

share icon

Mail-blue Share via Email

Did You Know?

You can include an email signature?

Register | Sign In

×
Google Captcha Loader
share icon

Mail-blue Share via Email

Done Done!
Close this window

Making housing more affordable for seniors in Yellowknife

Yellowknife, Northwest Territories, January 19, 2022

Everyone in Canada deserves a safe and affordable place to call home. Affordable housing is key to Canada’s pandemic recovery, especially for communities across the country, including in Yellowknife.

Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, along with Michael McLeod, Member of Parliament for Northwest Territories, the Honourable Paulie Chinna, Minister Responsible for the Northwest Territories Housing Corporation, the Honourable Julie Green, Minister Responsible for Seniors for the Government of the Northwest Territories, and Daryl Dolynny, President and CEO of AVENS — A Community for Seniors (AVENS), announced an additional $5 million to support the AVENS Pavilion project in downtown Yellowknife. This funding will help address cost overruns due to the pandemic and will ensure the project proceeds as planned.

This is in addition to the federal government’s previous investment of $33.7 million made in the fall of 2020. Once complete, the project will add 102 units of affordable housing for seniors living in Yellowknife. Residents of the Pavilion will soon after have access to supportive and assisted living services, including meals, housekeeping, 24-hour emergency and personal care services.

AVENS’ vision is to ensure that seniors have access to a safe and caring community for life, and their mission continues to be the delivery of quality services in a respectful manner to support residential living choices for seniors. Construction of the building is already underway, with completion estimated in fall 2023.

Quotes:

“Every Canadian deserves a safe and affordable place to call home. The additional funding for the AVENS Pavilion serves as a testament to our commitment to help those who need it most, even during times of uncertainty. This is the National Housing Strategy at work in communities across Canada.”
— The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion
“Today’s announcement is an example of what can be achieved through shared commitment and perseverance. It means that 102 units of safe, affordable housing options for seniors in Yellowknife will become a reality. These developments are a result of great partnerships, coming together to respond to the housing need in our Territory.”
— Michael McLeod, Member of Parliament for Northwest Territories
“Seniors play an important role in communities across the Northwest Territories, and their housing needs must be met to ensure they remain safe, happy, and connected to their friends and loved ones. Today’s announcement marks a significant step forward as AVENS works to add more affordable housing units for seniors through the Pavilion project. I am pleased that the Government of Canada recognizes the challenges AVENS has faced through the ongoing COVID-19 pandemic and is providing the support needed for the project to continue to move ahead.”
— The Honourable Paulie Chinna, Minister Responsible for the NWT Housing Corporation
“Seniors are valued and loved members of all NWT communities, and ensuring they are able to age in place is a priority for the Government of the Northwest Territories. This funding is critical to ensuring that this project can deliver much-needed affordable housing for seniors in Yellowknife, with access to the services they need.”
— The Honourable Julie Green, Minister Responsible for Seniors, Government of the Northwest Territories
“We at Avens are very grateful for the support that has been provided to us for this very exciting project. The Pavilion will fill an important gap in the current housing continuum for seniors in the NWT for years to come and make Yellowknife a place where seniors can retire.”
— Matthew Spence, Board Chair, AVENS — A Community for Seniors
“At AVENS, we are passionately committed to our mission and vision of seniors having safe and affordable residential living choices. We soon realized that uncontrollable variables and challenges with Covid-19 pandemic market disruptions created risks in the success of our project. Even with all our years of experience and ambition with our project team, no one was able to foresee the substantial concerns in the construction industry. Nevertheless, the team at CMHC and their ongoing commitment from the Government of Canada, alongside our GNWT partners, ensured our project was going to proceed as planned, helping our organization overcome these challenges. As President and CEO, I am proud of the perseverance of all our stakeholders, including our volunteer board, our 120 employees, our volunteers, and the many seniors in our care in what will be NWT’s largest affordable housing development North of 60.”
— Daryl Dolynny, President and CEO, AVENS — A Community for Seniors

Quick facts:

  • The Government of Canada acknowledges that this development will be built on Chief Drygeese Territory, traditional home of the Yellowknives Dene. These are also the traditional lands of the North Slave Métis. The Government of Canada extends its respect and appreciation to the Yellowknives Dene and the North Slave Métis for sharing their land.
  • With a budget of $13.2 billion, the National Housing Strategy’s National Housing Co-investment Fund (NHCF) gives priority to projects that help those in greatest need, including women and children fleeing family violence, seniors, Indigenous Peoples, people with disabilities, those dealing with mental health and addictions, veterans and young adults.
  • Through the NHCF, the Government of Canada will work with partners to build up to 60,000 new affordable homes and repair up to 240,000 existing affordable and community homes.
  • Under the NHCF, investments are also planned to create or repair at least 4,000 shelter spaces for victims of family violence, as well as create at least 7,000 new affordable housing units for seniors and 2,400 new affordable housing units for people with developmental disabilities.
  • To help Canadians find affordable housing, Budget 2021 provides an additional $2.5 billion over seven years in new funding and to reallocate $1.3 billion in previously announced funding to speed up the construction, repair, and support over 35,000 additional housing units.
  • In Budget 2021, $750 million in existing funding under NHCF has been advanced to 2021 – 22 and 2022 – 23. This will accelerate the creation of 3,400 new units and the repair of 13,700 units. $250 million in existing funding will also be allocated to support the construction, repair, and operating costs of an estimated 560 units of transitional housing and shelter spaces for women and children fleeing violence. This funding will help the Government address gender-based violence.
  • Canada’s National Housing Strategy (NHS) is a 10-year, $72+ billion plan that will give more Canadians a place to call home.

Associated links:

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC’s aim is that by 2030, everyone in Canada has a home they can afford, and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.

To find out more about the National Housing Strategy, visit www.placetocallhome.ca.

For information on this release:

Arevig Afarian
Press Secretary
Office of the Minister of Housing and Diversity and Inclusion
arevig.afarian@infc.gc.ca

Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca

Cara Bryant
Northwest Territories Housing Corporation
NWTHC_Comms@gov.nt.ca

Was this page relevant to your needs?

Thank you for your feedback!

How Can We Help?

Suggest an Improvement

Report a Bug

How Can We Help?

Suggest an Improvement

Please share your suggestion.

Google Captcha Loader

How Can We Help?

Report a Bug

Please describe the problem.

Google Captcha Loader

Thank you. Your feedback has been submitted.

Date Published: January 19, 2022

By Topic

  • Professionals
    • Project funding and mortgage financing
    • Housing markets data and research
    • Industry innovation and leadership
    • Events and speakers
  • Consumers
    • Home buying
    • Owning a home
    • Renting a home

About Us

  • CMHC's Story
  • Management and Governance
  • Our Partners
  • Corporate Reporting
  • Contact Us
  • Careers

More

  • CMHC Newsletters
  • CMHC Library
  • Housing Observer
  • Media Newsroom
  • CMHC and Accessible Housing
  • CMHC on Twitter
  • CMHC on LinkedIn
  • CMHC on Facebook
  • CMHC on Instagram
  • CMHC on YouTube
Privacy Policy    |    Terms and Conditions    |    Transparency    |    Accessibility Plan    |    Accessibility Feedback     Canada Mortgage and Housing Corporation (CMHC) ©2025 
Canada
loader icon