### Question
How is the term qualified housing project defined?


### Answer
The term **qualified housing project** is defined in *12 U.S.C. § 1831a* as the following:

> residential real estate that is intended to primarily benefit lower income people throughout the period of the investment

#### Citation:
  - *12 U.S.C. § 1831a*
  - Heading: **CHAPTER 16-FEDERAL DEPOSIT INSURANCE CORPORATION**

