Where the cost is $2,000 or more, for the repair or overhaul of fencing.
Where the cost is $2,000 or more, for the purchase and the planting of maple trees for maple syrup production and the purchase and planting of fruit trees, Christmas trees, and ginseng.
For the construction of a road or driveway on a farm.
For land transfer tax, survey, appraisal and legal costs relating to the purchase of additional land. Ineligible loan purposes -Improvements to the family dwelling, quota purchases of all kinds, operating loans and loans for the purchase of short term feeder livestock, among other purposes, are not eligible purposes. Loans can be granted for the Consolidation/Refinancing -Only those loans originally made for an eligible purpose under the Act or Regulations can be consolidated. The amount to be consolidated is the total of the outstanding principal balances of the loans to be consolidated to the maximum amount of $250,000. Only loans granted under the Farm Improvement Loans Act (FILA) and the Farm Improvement and Marketing Cooperatives Loans Act (FIMCLA) may be consolidated by the lending institution where the loans originated. Consolidation of a lender's ordinary loans, (loans other than those granted under the FILA or FIMCLA, but coming within the purposes of FILA or FIMCLA) must be referred to another lender.
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