A bill to amend title V of the Housing Act of 1949 to expressly authorize the collection of taxes and insurance from rural housing borrowers, to authorize fees and charges to be available for administrative expenses, and for other purposes.

Authorizes the collection under the Housing Act of 1949 of taxes and insurance from rural housing borrowers.

Authorizes fees and charges collected by the Secretary of Housing and Urban Development to be available for the administrative expenses involved in carrying out the provisions of this Act.