Alaska Mental Health Trust Authority
The Alaska Mental Health Trust Land Office’s (TLO) 2021 Fall Land Sale Auction is underway, with final bids due by November 15, 2021 at 4:30 p.m. This year’s land sale auction includes 58 parcels in locations across Southcentral, Southeast, and Interior Alaska that will be sold to the highest bidder. Revenue generated from land sales will help fund programs and services that support Alaska Mental Health Trust (Trust) beneficiaries across the state.
The 2021 sale includes unique parcels on the road system and in remote locations, as well as island, and river, ocean, and lakefront parcels. Photos, maps, survey details, parcel access, and additional information, including the minimum bid, is available for each parcel on the Trust land auction webpage: www.alaskamentalhealthtrust.org/FallLandSale.
“The Trust’s annual land sale auction is a great way to use our land assets to generate revenue to support Trust beneficiaries – and to get some prime land parcels into the hands of Alaskans,” said Jusdi Doucet, Trust Land Office Executive Director. “As they do each year, our Trust Lands team has put forth some excellent offerings for the sale – we have parcels that are fitting for uses ranging from recreational, to residential, to commercial.”
Policies and procedures for placing a bid can be found on the Trust land sale auction webpage referenced above. Following the bid acceptance period, sealed bids will be opened on Wednesday, November 17, 2021 at the Trust Land Office. Purchasers may elect to either make a lump-sum payment for payoff or eligible purchasers may use TLO financing.
The land sale auction includes parcels in/near:
Little Tutka Bay
About the Alaska Mental Health Trust Authority
The Alaska Mental Health Trust Authority is a state corporation that administers the Mental Health Trust, a perpetual trust created to ensure that Alaska has a comprehensive mental health program to serve people experiencing mental illness, intellectual and developmental disabilities, substance use disorders, Alzheimer’s disease and related dementia, and traumatic brain injuries.. The Trust operates much like a private foundation, using its resources to fund system change, demonstration projects, funding partnerships, technical assistance, and Trust-initiated projects. The Trust is fully self-funded and is overseen by a seven-member board of trustees.
About the Trust Land Office
The Trust Land Office resides within the Department of Natural Resources and is contracted exclusively by the Alaska Mental Health Trust Authority to manage its approximately one million acres of land and other non-cash assets to generate revenue. Decisions approving use of Trust lands and resources are made solely in the interest of the Trust and its beneficiaries in line with Trust principles and the Alaska Mental Health Enabling Act.