November 24th of last year the government approved a $1.9 billion trust land consolidation fund for native land across the state.
The Oglala Sioux Tribe and the Department of the Interior Cobell Settlement Land Buy Back Program are promoting the consolidation of land.
The organizations are giving tribe members who own land interest a chance to sell for ownership under Oglala Sioux Tribe.
There is 126 million dollars available to buy land from tribe members to become tribal owned land.
The President of the Oglala Sioux Tribe, Bryan Brewer said this program could potentially mean $5 million in annual income for the tribe.
"It'll give us the opportunity to use the land for
industrial parks be able to give land to people, individuals that may want a
house a place to live or something like we'll be able to lease them land, " said Brewer.
And Mike Black, the director of the Bureau of Indian Affairs with the Department of the Interior said there role is to promote economic growth.
"By putting it all back into tribal ownership or as much as we can. I want to make sure that its emphasized that this is a willing seller program, many people want to hold onto the it land for various reasons but to be able to put it back into their , it becomes easier to manage and it also becomes useable again for economic development," said Black.
A percentage of each sale will be matched by the program and
put toward the Indian Education Scholarship Fund.
The Department of Interior will begin sending out offers on land purchases Tuesday.