The Biden administration’s Department of Justice and Consumer Protection Financial Bureau are suing Colony Ridge, a massive development north of Houston, Texas, that’s become a magnet for illegal aliens, alleging “bait-and-switch” sales and predatory financing practices.
The suit, announced today and filed in the U.S. District Court for the Southern District of Texas, states that the massive housing development sold plots of flood-prone land without water, sewer, or electrical infrastructure, all while exploiting a language barrier at the expense of customers.
“Today’s complaint alleges that Colony Ridge targeted Hispanic consumers with predatory loans, misled borrowers about the water, sewer, and electrical infrastructure on its lots, and exploited language barriers by conducting most of its marketing in Spanish while offering important transaction documents only in…
