Bard College Secures $100M in Tax-Exempt Bond Financing

September 22, 2023

Congratulations to Bard College for securing over $100M of tax-exempt bond financing to fund the development of a brand-new student housing complex and other campus infrastructure improvements.

DBI Projects has worked closely with Bard College over the past two years as the College’s development manager to structure, procure, and close on financing that would strategically meet both short- and long-term needs of the College.

We’d like to extend our congratulations to the entire financing team; Dutchess County Local Development Authority, Barclays Bank, Bank of NY Mellon Global Corporate Trust, Ballard Spahr LLP, Callowhill Capital Advisors, McDermott Will & Emery, Paparone Law PLLC, and Cappillino Rothschild & Egan LLP.

Stay tuned for updates as Bard College unveils the project design and we begin construction!

Bard College Annadale Campus image with students hanging out on the grass
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Emily Puhnaty, Director of Business Development & Communications