THE BRONX - A new Habitat for Humanity affordable housing project in the Bronx is billed as the first of its kind.

"We don't want New York to become like Paris, where you have the wealth within the city bounds and the lower-middle income folks living on the outskirts," says Donald Matheson, of Almat Group.

Matheson, a managing partner at Almat, says he's teaming up with Habitat for Humanity to build homes for working families.

The 57-unit project, dubbed the Sydney House, will be the largest Habitat project in the United States.

The co-op units will be available to families making between 50 and 100 percent of the area's median income. Construction is set to begin early next year.