welcome to the Buy-Back Program for
Cheyenne River
The Land Buy-Back Program
was created to implement the land consolidation component of the Cobell Settlement Agreement. This Agreement provided a $1.9 billion fund to purchase fractionated interests in trust or restricted land from willing sellers, at fair market value, within a 10-year period.
At Our Website
you can discover the top things to know about the Land Buy-Back Program, learn more about how the Program works & what it intends to accomplish, and keep up to date with news pertaining to the Cheyenne River Buy-Back Program.
The video will introduce you to the Program as narrator Remi Bald Eagle takes you through the process and highlights important information. You will gain an overview of the Program and if you have any further questions, please contact us.
Our Purpose: Putting Indian lands back in the hands of tribes.
Reducing Fractionation: Cheyenne River can then use this land to benefit the community.
Your Choices: Participation in the Program is strictly voluntary.
Compensation: Those who choose to sell their land will be offered fair market value.
Mineral Rights: Mineral rights are included as part of the land appraisal.
Scholarships: Each purchase will add funds to the Indian Education Scholarship Fund.
The Land Buy-Back Program for Tribal Nations was created to implement the land consolidation component of the Cobell Settlement Agreement.
This Agreement provided a $1.9 billion fund to purchase fractionated interests in trust or restricted land from willing sellers, at fair market value, within a 10-year period.
The Dawes Act authorized the President of the United States to survey Indian tribal land and divide it into allotments for individual Indians.
Effects of this policy can still be felt today in the resulting fractionation of trust land.
Every year, land goes out of trust simply because fractionated interests
are passed on to non-Indian heirs.
The Buy-Back Program will help stop this loss of Indian lands by transferring those interests to the tribe, forever preventing further fractionation.
The Buy-Back Program will purchase fractional trust or
restricted lands for the purposes of land consolidation.
Willing sellers can choose to sell some, all, or none of their
fractional land interests. Participation in the Program is strictly voluntary.
Fair Market Value will determine the amount that an owner will be offered for their share of interest in a fractionated tract. The Program will provide landowners with a base payment of $75 per offer, based on estimates for the time and effort required for individual landowners to proceed through the acquisition process and to facilitate sales.
Contact the Trust Beneficiary Call Center,
a centralized location for asking questions and receiving timely responses.
Please stop back for future news
about events and other updates
related to the Land Buy-Back Program
for Cheyenne River.
Please stop back!