Hirair and Anna Hovnanian Foundation, which will finance the construction of Yerevan residence of Catholicos of All Armenian Karekin II and adjacent Saint Anna Church, reported that one of submitted projects for the residence construction was approved by Yerevan Mayor’s Office in mid-December 2010.

A representative of the Foundation told a PanARMENIAN.Net reporter that a tender was announced for 10 construction companies late in December 2010, while the winner will become known by the end of February.