An Omaha firm has its eyes on Atlantic as the possible site for housing development projects, such as re-purposing older buildings and building low-to-moderate income apartments or duplexes, for senior citizens. City Administrator Doug Harris said Mike Fallesen, Vice President for Affordable Housing Development with the Seldin Company, in Omaha, toured some sites in Atlantic, this past Monday.

Some of the locations include the former Jackson School, property behind the Fareway Store, and other areas. Harris said Fallesen seemed interested in obtaining more information from the City, such as its Housing Study. Harris said Seldin tends to combine their projects with Community Development Block Grants, plus tax credits and other incentives, in order to make it more feasible to build or rehabilitate properties.

The Seldin Company website says the firm specializes in property management, leasing, and development with more than 12,000 apartments units and more than 3.3 million square feet of commercial retail and office space across the central United States. Through the years, Seldin Company has built single-family homes, subdivisions, apartments, hotels, shopping centers and other commercial developments.

(on the web at http://www.seldin.com/)