Cobell Settlement Agreement
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.
President Barack Obama and late American Indian Activist Elouise Cobell.
Collaborative Effort
Land Involved
Interior holds in trust more than 56 million acres for tribes and individual American Indians.
This land is held in more than 200,000 tracts, of which about 93,500 (on approximately 150 reservations) contain fractional ownership interests subject to purchase by the Buy-Back Program.
Approximately 90% of the fractionated lands available to purchase are in 40 of the 150 locations.
Great Plains
Rocky Mountain
Western
Northwest
Navajo
Southern Plains
Midwest
Eastern Oklahoma
Pacific
Southwest
Fractional Interests
by Region
Rocky Mountain
Great Plains
Western
Northwest
Navajo
Southern Plains
Midwest
Eastern Oklahoma
Pacific
Southwest
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Read More: Fractionation, the Result of Allotment