NEW YORK CITY—Habitat for Humanity New York City, thewell-known, non-profit affordable housing developer and affordablehousing advocate, with the real estate developer Almat Group andthe New York City Department of Housing Preservation andDevelopment broke ground on Sydney House, an affordable housingdevelopment in Williamsbridge, Bronx. Sydney House will be thelargest multifamily development ever built by a Habitat forHumanity affiliate.

Located at 839-843 Tilden St., the 56-unit condominium willcreate homeownership opportunities for low- to moderate-incomehouseholds. It will consist of 26 one-bedroom apartments, 23two-bedroom apartments and seven three-bedroom apartments, as wellas a shared 2,000 square-foot recreation area. Located near the 2and 5 subway lines, homeowners will also have public transportationto sites including the Bronx Zoo, Bronx Park, Van Cortlandt Park,Pelham Park and City Island.

Sydney House will be the first project financed under HPD's OpenDoor program. The city plans to finance construction of 1,300 newaffordable homes as part of Housing New York 2.0, Mayor de Blasio'splan to create and preserve 300,000 affordable homes by 2026.