Wabuck Development Company, Inc. is a for-profit, mission-driven corporation that that was founded by Garry D. Watkins to partner with financial institutions for the purpose of developing affordable housing across Kentucky and surrounding states. Wabuck began in 1980 by developing properties utilizing Rural Development Funds (formerly FmHA) and has long-since encompassed utilizing Low Income Housing Tax Credits and financing by Kentucky Housing Corporation, HUD, HOME, Affordable Housing Trust Fund, KHC Risk-Sharing and Federal Home Loan Bank Affordable Housing Program Funds. To date the organization has developed approximately 4,500 units across the region utilizing a wide source of funding.
Wabuck Development Company has taken a conservative and responsible approach in its development activities; the organization has never undertaken a project that it has not successfully completed. The quality of our work is evident and we have earned the respect and recognition of our peers and the partners with whom we have collaborated on our developments.
Throughout the years, Wabuck has developed the expertise, innovation, creativity and knowledge that successful developments in today’s society demand.