Remember Colony Ridge, the illegal alien land development that’s suffering from a host of problems (weird mortgage instruments, cartel ties, poor infrastructure)? Well, the Texas Attorney General just filed a lawsuit against the developer.
The Office of the Attorney General (OAG) announced a new lawsuit against Colony Ridge on Thursday, alleging its owners have engaged in deceptive practices in lending and marketing their plots of land.
Filed in a Houston federal court, the State of Texas’ lawsuit accuses the Liberty County development of misleading buyers about the conditions of those homes and plots, their connectedness and access to utilities, and the methods of financing.
It largely mirrors a lawsuit by the Department of Justice alleging similar misconduct by the development’s owners, Trey and John Harris.
“Colony Ridge has been flagrantly violating Texas law. The development profited from targeting consumers with fraudulent claims and predatory lending practices,” Attorney General Ken Paxton said of the suit.
“Their deceptive practices have created unjust and outsized harms. Nearby communities have borne a tremendous cost for the scheme that made Colony Ridge’s developers a fortune.”
The OAG’s release accuses the developers of intentionally targeting Spanish-speaking individuals with poor financial records, then foreclosing on them when payments aren’t made, and starting the cycle again. When the properties are foreclosed on, the suit alleges, Colony Ridge repurchases them and sells the plots to another buyer at a higher price.
“In fact, CR Land often resells a foreclosed lot to the very same consumer at a significantly higher price. The more foreclosures CR Land initiates, the higher likelihood it will acquire residential lots with free improvements which make the foreclosures profitable. Thus, Colony Ridge’s business model incentivizes foreclosures,” the filing asserts.
The filing also highlights the development’s flooding problems: “[Even] though there have been two suits filed against one or more Defendants related to the severe flooding that occurs at the Development, Colony Ridge and John Harris continue to falsely represent to consumers at the time of sale that the residential lots in the Development are not subject to repeated flooding.”
Colony Ridge, also referred to as “Terrenos Houston,” is a 50,000-person development in Liberty County, an exurb of Houston, that’s inhabited by a large but not exactly known number of illegal immigrants. After a report from the Daily Wire shone a spotlight on the development, it found itself in the crosshairs of the political right, both officials and mediasphere, for presenting a “magnet” for illegal immigrants.
The issues in Colony Ridge are largely that of a massive development airdropped into a rural county that doesn’t have the resources to cope with the massive population growth. The Liberty County Sheriff’s Office and other emergency services are stretched thin, as is the local school district, Cleveland ISD.
After it made national headlines, the Texas Legislature debated responses to the development, ultimately settling on earmarking $40 million to fund additional overtime for Texas Department of Public Safety patrols assisting local law enforcement in the development.
The development has become a contentious political football thrown about in the recent Texas primary; Gov. Greg Abbott accused state Rep. Ernest Bailes (R-Shepherd) of “creating” Colony Ridge by way of a 2017 bill that created two special purpose districts, an argument first made by Paxton last year.
You may remember Bailes from such hits as I lost my primary this year.
Obviously something has gone badly wrong in Colony Ridge, and suing the developers for their myriad (accused) crimes is a way to start addressing those problems. But there are still tens of thousands of illegal aliens there who a sane government would start deporting.
Hopefully something about that can be done in 2025…
Tags: Border Controls, Cleveland ISD, Colony Ridge, Crime, Ernest Bailes, fraud, Greg Abbott, John Harris, Ken Paxton, Liberty County, Texas, William Trey Harris III
Uncle Slaton’s got his Texan pride
Back in the thickets with his Asian bride
He’s cut that corner pasture into acre lots
He sells ’em owner financed strictly to them
Thatt’s got no kind of credit ’cause he knows they’re slackers
And they’ll miss that payment and then he takes it back