The Brief
- Texas and the DOJ secured a $68 million settlement against Colony Ridge developers, halting new residential lot sales for 36 months.
- The agreement mandates stricter buyer identification, prohibits sales to citizens of specific foreign countries, and requires “heightened” underwriting standards, according to the Texas Attorney General’s Office.
- Funding will be split between law enforcement infrastructure and local area improvements to transition the community into a “legitimate” development.
HOUSTON – The State of Texas, alongside President Trump’s Department of Justice, has secured a $68 million settlement with the developers of Colony Ridge.
In addition to the settlement, the agreement effectively halts what state officials call the “development of a de facto illegal immigrant community.”
Colony Ridge settlement details
A sign outside of the Colony Ridge development near New Caney on Oct. 10, 2023. Credit: Mark Felix for The Texas Tribune
What we know:…