This document describes the synthesis and properties of a new urea-formaldehyde (UF) resin modified with hydroxymethyl furfural (HMF). HMF was introduced to replace some of the formaldehyde in order to improve thermal stability, reduce formaldehyde emissions, and utilize a bio-based monomer. UF and urea-HMF-formaldehyde (UHF) resins were synthesized using an alkaline-acid method and characterized. Particleboards made with UHF resin showed improved mechanical properties, lower water absorption and thickness swelling, and reduced formaldehyde emissions compared to UF resin particleboards. The UHF resin demonstrated potential as an alternative adhesive for wood panels with benefits over traditional UF resin.