### Question
Can you define what unsubsidized project means?


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

> 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**

