Filtering Project Lists by multiple labels

It would be useful to be able to filter the Project list by multiple labels. For instance if one grouping of Projects is to indicate the type of Project (Lead, Prospect, Client), and I then have additional labels to indicate the category of business (Design, New Construction, Remodel). It would be useful to be able to filter my Project list by selecting both “Lead” and “Remodel” to view. Am I missing something, or is this simply not possible.