Overview

Hannah Fenley represents developers, lenders, investors and nonprofit organizations in the acquisition, financing and development of multifamily affordable housing projects. Hannah’s experience includes structuring transactions that are financed with Low Income Housing Tax Credits, tax-exempt bonds, and federal, state and local housing subsidies.

Prior to joining Stoel Rives, Hannah worked across the lender, public-agency, and tax-credit-investor sides of the affordable housing industry, including serving as Senior Assistant Attorney General with the Oregon Department of Justice, where they acted as lead counsel to Oregon’s housing finance agency and led a team of six affordable housing finance attorneys. They began their legal career as a law clerk to the Honorable Erika L. Hadlock of the Oregon Court of Appeals, and has been recognized by Best Lawyers as a “One to Watch” in Real Estate Law.

Education

Lewis & Clark Law School, J.D., magna cum laude, 2013

Oberlin College, B.A., 2007

Admissions

Oregon

Experience

Real Estate Finance & Investment

  • Drafted and negotiated loan, intercreditor, subordination, and other financing agreements.
  • Represented commercial banks and other lending institutions in construction, bridge, and permanent financing transactions.

Affordable Housing

  • Served as lead counsel to Oregon’s housing finance agency on transactions involving tax credits, grants, bonds, contracts, and secured loans.
  • Represented tax-credit investors in more than 50 affordable housing transactions across 17 states involving more than $500 million in equity investments.
  • Developed loan and grant programs supporting multifamily affordable housing, homeownership, housing stabilization, and long-term compliance and monitoring.

Real Estate Transactions & Development

  • Drafted and negotiated partnership and operating agreements, development agreements, and property management agreements.
  • Negotiated acquisition documents, commercial and ground leases, purchase options, rights of first refusal, and restrictive covenants.

Recognition

  • Included in Best Lawyers: Ones to Watch® in America (Real Estate Law), 2026 and 2027

Industries

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