Houston-area developer Colony Ridge reaches $68 million settlement with Texas, feds
- Colony Ridge Land LLC has agreed to a $68 million settlement with the U.S. Department of Justice to resolve claims of targeting Latino borrowers with predatory loans and false statements.
- The settlement includes $48 million for infrastructure projects and will implement changes in Colony Ridge's selling practices over the next three years.
- Texas Attorney General Ken Paxton stated that the settlement imposes a steep cost on Colony Ridge for their unlawful practices and prioritizes safety in the community.
- Local advocates and officials have expressed optimism that the settlement will prevent Colony Ridge from further scamming vulnerable buyers.
23 Articles
23 Articles
DOJ Secures $68 Million Settlement in Alleged Land Development Scheme Targeting Hispanics
The U.S. Department of Justice (DOJ) announced Tuesday that it reached a $68 million settlement with a Houston-based land developer and lender accused of running a predatory scheme targeting Hispanics. The DOJ alleged that Colony Ridge Land LLC’s targeting of Hispanics violated the Equal Credit Opportunity and the Fair Housing acts. The company’s alleged deceptive lending practices exploited the language barrier and created a cycle of foreclosur…
2/10/26 The Latest on Colony Ridge
Colony Ridge Must Verify Buyers’ Legal Status In Settlement with DOJ and Texas -Kaufman County Development Investigated Over ‘Sharia City’ Concerns -Humble Police Chief Resigns Following Months-Long Investigation The post 2/10/26 The Latest on Colony Ridge appeared first on Texas Scorecard.
Colony Ridge Migrant Haven Settles With Paxton for $68 Million.
PULSE POINTSWHAT HAPPENED: Colony Ridge, a Texas neighborhood marketed primarily to illegal immigrants, agreed to pay $68 million in penalties as part of a settlement with the Trump administration and the State of Texas.WHO WAS INVOLVED: The Trump administration, Texas Attorney General Ken Paxton, Colony Ridge developers, and the Department of Justice (DOJ).WHEN & WHERE: The settlement was filed in federal court on February 10, 2026. Located jus…
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