Pinzone Towers

Located in Rocky River, Pinzone Towers apartments offer affordable housing for income-qualifying seniors. Pinzone has 100 units, featuring 99 one-bedrooms and one two-bedroom apartment. Each suite features a fully-equipped kitchen with all electric appliances and individual apartment-controlled heating and air conditioning. All upper unit floors have balconies. Laundry facilities and ample parking are also on site.

CHN is the developer, property manager and contractor of Pinzone Towers. The owner is CBT Development, Inc.

The project was funded mainly through the use of Low Income Housing Tax Credits (LIHTC). Other financing included HUD Section 221(d)(4), OHFA Bond Gap Financing, and project-based rental subsidy.

• Year Completed: 2022
• Location: Rocky River, OH
• Number of Units: 100
• Development Cost: $19.9 million
• Developer: CHN Housing Partners
• Owner: CBT Development, Inc.
• Property Manager: CHN Housing Partners
• Architect: Hiti, DiFrancesco and Siebold, Inc.
• Contractor: CHN Housing Partners