Access lower-cost financing & bring affordable housing to life. 

ReBonds facilitates the matching process between multifamily development projects and available recycled bonds, making every effort to align funding opportunities with project budgets and timelines. There are several ways in which ReBonds maximizes the opportunity for a bond to be recycled.

First, reservations are assigned on a first‑come, first‑served basis, with priority given to bonds that are approaching expiration. 

Second, ReBonds helps maximize the availability of bonds by matching projects with bonds that redeem before, on, or after a project’s closing date. Depending on the project’s structure, ReBonds is able to deliver funds in multiple tranches on different dates. More specifically, if the project is a Public Offering, then funds can be delivered via escrow closing prior to the closing date. If the project is a Private Placement, then funds can be delivered before the closing date via an escrow closing, or drawn-down after the closing date if the necessary documentation is in place prior to the initial closing. 

Finally, because bond availability, amounts, and delivery timing can change, ReBonds’ matching process is designed for flexibility. In the event of a change, ReBonds works to find suitable substitutes so that disruptions are absorbed and the process remains transparent to all parties. 

For developers:
There are two subscription levels of ReBonds. ReBonds Basic is our free plan which allows you to check how much funding is available in your area and confirm whether funds align with your project timeline. 

ReBonds Pro is our monthly subscription service which costs $1,000/mo for access to available recycled bond allocations. Once you choose to reserve bonds, you’ll pay a refundable reservation fee equal to 0.5% of the total reservation amount, due at the time of reservation.

Additional Issuer fees may apply (including any potential facility fee).

For Issuers:
There is no cost to use ReBonds as an Issuer. In fact, ReBonds provides Issuers additional upfront and ongoing fee revenue. 

By joining the ReBonds platform, issuers allow ReBonds to match redeemed bond proceeds that are eligible for recycling with new deals. By making your bond inventory available for recycling, developers can access lower cost financing that can be used in lieu of both taxable bonds or allocating additional private activity volume cap to these transactions. Our platform simplifies the implementation of recycling bonds and removes the need for a full programmatic undertaking. In fact, once you’ve signed up, you will have full visibility into your bond inventory. From there, ReBonds handles the matching process.

ReBonds is a technology platform that connects developers with bonds that are eligible for recycling to maximize the accessibility and deployment of recycled tax-exempt bonds for all parties. While not a lender or financial institution, ReBonds facilitates the end-to-end process of finding, accessing and deploying these bonds.
As part of this process, ReBonds coordinates the relevant details about the bonds being recycled with your bond counsel and chosen Issuer. ReBonds connects the appropriate parties and smoothly transitions the process to the development team, who will work with bond counsel to prepare the necessary documents and integrate the recycled bonds into the project’s financing.

If project details shift, ReBonds makes every effort to accommodate changes and re-match projects with other available recycled bonds if possible. However, availability cannot be guaranteed when changes occur.