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Real Estate

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Gun Lake Investments, the economic development arm of the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians, completed its first bolt-on acquisition for a platform company it started to provide commercial cleaning services. 

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Here’s our monthly roundup of recent landback deals, trust acquisitions, and other real estate deals involving Native American tribes and Indigenous businesses.  

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Cherokee Nation said Friday that it expanded its real estate footprint with the acquisition of a property in North Tulsa that will be converted into community space. 

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Yavapai-Apache Nation Tribal Housing (YANTH) will build 40 new homes and a community center in the tribe’s Tunlii neighborhood, making significant progress on a waiting list of more than 135 families and individuals in need of housing. 

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Cherokee Nation Businesses (CNB), the economic development and gaming arm of the Cherokee Nation, has announced a plan to repurpose personal protective equipment (PPE) facilities that the tribe stood up during the height of the pandemic.

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The Department of Housing and Urban Development (HUD) said during the White House Tribal Nations Summit this week that it would finalize the new rules for the Section 184 loan guarantee program in 2024, with a focus on modernization, fee reduction, and increased support for Native communities.

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The Tlingit-Haida Regional Housing Authority has distinguished itself as one of the six winners in the 2023 Housing Affordability Breakthrough Challenge, a competitive national initiative that recognizes innovative housing solutions. 

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The Government Accountability Office (GAO) has released a report concerning the real estate services provided by the Bureau of Indian Affairs (BIA), concluding that the agency frequently falls short in meeting deadlines for real estate procedures, including mortgage processing.

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The Picayune Rancheria of Chukchansi Indians in California recently reclaimed roughly 373 acres of land through a fee-to-trust acquisition, according to a tribal announcement.  The acquired parcels include a property in Hawkins Valley and a property in Chapel Hill. 

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National nonprofit Trust for Public Land (TPL) has secured more than 31,000 acres in the Katahdin region of Maine with designs on returning the land to the Penobscot people who originally occupied it.