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Interior announces details of $1.9 billion Indian lands buy-back program

Posted: Wednesday, Jun 26th, 2013


Salvador Rodriguez/ Cronkite News Service
Interior Deputy Secretary David Hayes, left, with then-Secretary Ken Salazar in 2012. Salazar announced the framework in December for the $1.9 billion lands buy-back program detailed Tuesday.
Washington — The Interior Department announced details Tuesday of the 10-year, $1.9 billion buy-back of “fractionated” lands from Native American tribes and tribal members that could be worth tens of millions in Arizona.

The program aims to give tribes a chance to make productive use of fractionated lands, property that has dwindled in value after being divided repeatedly over generations.

The buy-back is one part of the $3.4 billion settlement by the federal government of the Cobell lawsuit, which accused the government of mismanaging tribal trust accounts for decades.



For the complete article see the 06-26-2013 issue.

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