Next-generation farmers face immense challenges in securing land. In recent years, some state- and federal-level land access policy incentives (LAPIs) have been implemented to address these chal­lenges. This paper assesses the Transition Incentives Program (TIP), an initiative of the U.S. Department of Agriculture’s Conservation Reserve Program that is funded by Congressional farm bills. TIP offers landowners two years of financial incen­tives for leasing or selling to a beginning or socially disadvantaged farmer or rancher (categories of farmers defined by the U.S. Department of Agri­culture). In the study, the authors characterize TIP partici­pants to understand where and how TIP assists beginning and socially disadvantaged farmers and ranchers. The findings demonstrate that TIP serves some landowners and next-generation farmers–primarily in the Midwest and Mountain West–and illustrates a spatial mismatch between where next-generation farmers live and high rates of TIP participation. Variable participation may be due to inconsistent outreach and limits to the program design. This paper identifies key barriers and provides insights to improve TIP and other land access programs for next-generation farmers.