The following VBA example creates paragraph text, filling the last paragraph with red.
Sub Test()
Dim t As Text
Dim s As Shape
Dim d As Document
Dim strText As String
strText = "This is a test. This is a test. This is a test. " & _
"This is a test. This is a test. " & vbCr & _
"This is still a test. This is still a test. This is still a test. " & _
"This is still a test. This is still a test. " & vbCr & _
"This is a test. This is a test. This is a test. " & _
"This is a test. This is a test. " & vbCr & _
"This is still a test. This is still a test. This is still a test. " & _
"This is still a test. This is still a test. " & vbCr & _
"This is a test. This is a test. This is a test. " & _
"This is a test. This is a test. " & vbCr & _
"This is still a test. This is still a test. This is still a test. " & _
"This is still a test. This is still a test. " & vbCr & _
"This is a test. This is a test. This is a test. " & _
"This is a test. This is a test. "
Set d = CreateDocument
Set s = d.ActiveLayer.CreateParagraphText(2, 2, 8, 8, strText)
Set t = s.Text
t.Story.Paragraphs.Last.Fill.UniformColor.RGBAssign 155, 0, 0
End Sub