### Question
How is the term unsubsidized project defined?


### Answer
The term **unsubsidized project** is defined in *12 U.S.C. § 1701z* as the following:

> a multifamily housing project owned by the Secretary that is not a subsidized project or a formerly subsidized project

#### Citation:
  - *12 U.S.C. § 1701z*
  - Heading: **CHAPTER 13-NATIONAL HOUSING**

