RED Inc.

In order to provide affordable housing opportunities for low and moderate income families and individuals, Eric J. Almquist, its President, is pleased to announce the formation of Real Estate Developments, Inc. Always one for humor, the firm will be referred to as RED INC. Red Inc. is seeking approval from the IRS as a non-profit 501(c)3 corporation. It will specialize in rehabilitation of low income housing and development of new affordable housing projects such as manufactured housing. The President has rehabilitated over 1,000 housing units in his career as a licensed commercial real estate broker and licensed general building contractor with C-21 demolition specialty endorsement.


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