Haven't really been following this, but:
1) why does he need to raise the full amount in cash? Shouldn't he be able to put 20% down and borrow against it? A $900,000 facility should only require $180k out of pocket to purchase.
2) where will the funds come from to operate, maintain and pay property taxes for this school?
3) does he have a 10 year budget plan? It literally takes less than 1hr to make one...
4) has he discussed grant money? The government funds a lot of bullshyt. With a business plan he should be able to get matching funds from the gov or a foundation that receives gov funding. The organizations that ice out grant funding are desperate to find places to put their money. Generally, the problem is the people who seek funding aren't qualified or don't properly fill out their grant apps.
5) where is his relationship with a Black bank or credit union? Where is his relationship with a Black builder? Who are his institutional partners?
Ive been following the project here and there and these are the answer ive seen him give in interviews/videos when some of these question are brought up
1) The school is going to need public funding for everything to pay staff, to upgrade buildings etc so people should expect this fund raising to never stop
2) see # 1
3) he hasn't discussed budget but he did talk about the subject of him being accused of taking the money and runnning, his answer was that all the money raised for the school is in a separate saving account , he said stealin funds like that is a federal offense that he is well aware off
4) he doesn't want the money to come from the "white man" , say he has received offers from african "kings" to build the school in there nations.
5)didn't specify what bank he had the money raised so far in
that about has much details has he has given