The Land Buy-Back Program for Tribal Nations implements the land consolidation component of the Cobell Settlement, which provided $1.9 billion to purchase fractional interests in trust or restricted land from willing sellers at fair market value. Consolidated interests are immediately restored to tribal trust ownership for uses benefiting the reservation community and tribal members. There are approximately 245,000 owners of nearly three million fractional interests across Indian Country who are eligible to participate in the Buy-Back Program.
The Program released its 2015 Status Report in November 2015, which summarizes its implementation to date and significant economic impact in Indian Country. With the Report's release, the Program has launched a two-part Planning Initiative to gather input from tribal governments and individual landowners to help determine the next implementation schedule for 2017 and beyond.
The table below shows the total number of top 10 locations with the highest percentage of landowners who have registered as willing sellers as of 1/4/16, including those who have already sold some, but not all, of their fractional interests. For more details and a list of all locations that have allotted lands with fractionated ownership, click here.
Offer Deadlines Approaching -- Owners Must Respond Soon!
Offers are currently outstanding for landowners with fractional land interests at:
Landowners can contact the Trust Beneficiary Call Center at 888-678-6836 or visit their local Office of the Special Trustee for American Indians (OST) to update their contact information, ask questions about their land or purchase offers, and learn about financial planning resources. More information and detailed frequently asked questions can be found on the Landowers page to help individuals make informed decisions about their land.