The creation and further development of the Land Redistribution Fund of the Russian Federation are aimed at increasing agricultural production through peasant (farm) enterprises and private subsidiary plots. The Land Redistribution Fund both expands and contracts over time. From January 1, 2019, to January 1, 2024, the area of agricultural land within the Fund experienced a reduction of 9.1%. The main reasons for land withdrawal from the Fund include the transfer of land plots in ownership or lease to individuals and legal entities, as well as the reclassification of agricultural lands into alternative land use categories. Reasons for the increase in agricultural land area within the Fund include the acquisition of land plots by the state. In the context of import substitution and the need to address the issue of unused agricultural lands, it is advisable to increase the arable land. The Land Redistribution Fund contributes to solving this problem. However, the study revealed operational challenges within the Fund from both legal and economic perspectives. The operational efficacy of the Fund can be augmented through the implementation of an information system that provides users with comprehensive and current data on the agricultural lands within the Fund and the living standards in the respective territories. The information system developed by the authors (using the Penza Region as an example) is convenient, easy to use, and allows for visual analysis of regional indicators. Based on these indicators, it identifies a ranking of the districts to facilitate quick and systematic selection of areas where interested parties are willing to purchase agricultural lands from the Fund, live, and produce agricultural products. For the Fund, having such an information system would promote more efficient land allocation: increasing the speed and number of transactions, reducing the impact of the “adverse selection” effect, and enabling a differentiated approach to pricing for leasing and buying/selling land plots.