SAN FRANCISCO-Locally based Martin Building Co., Citi Community Capital and the AFL-CIO Housing Investment Trust revealed recent financing, which will further for the $80.4-million Potrero Launch residences project here in the Central Waterfront area. The union-built development will produce 196 rental units, create 200 union construction jobs a year for two years, and provide affordable housing, child care and commercial development, according to a prepared statement.

To help address the city’s shortage of affordable housing, 39 of the 196 rental units at Potrero Launch will be affordable to residents earning up to 30% of the area median income. In addition to the rental housing, plans include a restaurant, specialty grocery store, cafe, underground parking, and a child-care center. With its many green features, including almost 18,500 square feet of usable open space, Potrero Launch is designed to be a LEED Certified residential project.

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