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Original Date Announced
February 10, 2026A settlement agreement resolving separate lawsuits filed the State of Texas and the Consumer Financial Protection Bureau (CFPB) against Texas-based developer Colony Ridge, Inc. requires the developer to earmark $20 million for law enforcement in their subdivisions, including setting aside money for immigration enforcement. Further, the settlement requires potential purchasers to present a Texas ID, driver's license, or a passport or visa. The complaints by Texas and the United States accused Colony Ridge of targeting Hispanic and foreign-born home buyers with little to no credit with predatory lending and foreclosure practices.
**Link to case filed by Texas here and case filed by the United States here. Our litigation entries generally report only the initial complaint and any major substantive filings or decisions. For additional information, CourtListener provides access to PACER and all available pleadings. Other sites that track litigation in more detail or organize cases by topic include Civil Rights Clearinghouse, Justice Action Center, National Immigration Litigation Alliance, and Just Security**
Trump 2.0 [ID #2205]
2026.02.10 Reported: Houston-area developer Colony Ridge reaches $68 million settlement with Texas, feds - Texas Tribune 2026.02.10 Settlement Agreement - Texas v. Colony Ridge, Inc.Current Status
NoneOriginal Trump Policy Status
Status: Final/Actual In LitigationTrump Administration Action: Change in PracticeSubject Matter: InteriorAgencies Affected: DOJPre Trump-Era Policies
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December 20, 2023
The Consumer Financial Protection Bureau (CFPB) filed a complaint against Texas-based developer Colony Ridge, alleging that the developer engaged in "discriminatory targeting of Hispanic consumers with predatory financing and other unlawful conduct" in violation of the Equal Credit Opportunity Act, the Fair Housing Act, the Consumer Financial Protection Act, and the Interstate Land Sales Full Disclosure Act. The complaint requests injunctive relief ordering Colony Ridge to cease discriminating on the basis of race or national origin, take affirmative steps to restore the victims and prevent future discriminatory conduct, and provide restitution to victims, among other relief.
2023.12.20 Complaint - CFPB v. Colony Ridge Development, LLC -
March 14, 2024
The State of Texas filed a complaint against housing developer Colony Ridge, Inc., alleging that the developer's business model "targets foreign born and Hispanic consumers with limited or no access to credit with promises of cheap, ready to build land," fails to disclose fatal flaws with the land, and then forecloses on the rapidly-defaulted consumers. The State alleges that this practice violates the Deceptive Trade Practices—Consumer Protection Act (DTPA) and the Consumer Financial Protection Act (CFPA).
2024.03.14 Complaint - Texas v. Colony Ridge, Inc.
Documents
Trump-Era Policy Documents
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New Policy
Original Source:
2026.02.10 Settlement Agreement - Texas v. Colony Ridge, Inc.
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Prior Policy
Original Source:
2024.03.14 Complaint - Texas v. Colony Ridge, Inc.
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