Original Date Announced

A settlement agreement resolving separate lawsuits filed by 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 its 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. Texas v. Colony Ridge, Inc., No. 4:24-cv-00941 (S.D. Tex.); Consumer Financial Protection Bureau v. Colony Ridge Development, LLC, No. 4:23-cv-04729 (S.D. Tex.).

**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]

Subsequent Trump and Court Action

2026.04.28 Dismissal - CFPB v. Colony Ridge Development, LLC

District Judge Alfred Bennet dismissed the case with prejudice following a Stipulation of Dismissal filed by the parties. However, the court also noted several concerns that it had with the settlement agreement. It states that the agreement “bears little relationship to the claims asserted in the Complaint,” noting that terms on law enforcement funding “do not remedy the misconduct alleged," and that the agreement “risks exacerbating harm to the very consumers the Complaint purported to protect” by increasing surveillance. Consumer Financial Protection Bureau v. Colony Ridge Development, LLC, No. 4:23-cv-04729 (S.D. Tex.).

**Link to case here. See litigation note above**

Subsequent Trump and Court Action

2026.05.04 Dismissal - Texas v. Colony Ridge, Inc.

District Judge Keith Ellison dismissed the case with prejudice following a Stipulation of Dismissal filed by the parties. Texas v. Colony Ridge, Inc., No. 4:24-cv-00941 (S.D. Tex.).

**Link to case here. See litigation note above**