The Cordoba Initiative hasn’t begun fundraising yet for its $100 million goal. The group’s latest fundraising report with the State Attorney General’s office, from 2008, shows exactly $18,255 – not enough even for a down payment on the half of the site the group has yet to purchase. The group also lacks even the most basic real estate essentials: no blueprint, architect, lobbyist or engineer — and now operates amid crushing negative publicity. The developers didn't line up advance support for the project from other religious leaders in the city, who could have risen to their defense with the press.
The group’s spokesman, Oz Sultan, wouldn’t rule out developing the site with foreign money in an interview with POLITICO – but said the project’s goal is to rely on domestic funds. Currently, they have none of either.
"They are in the process of hiring an architect — but here’s the thing, you’re not going to get the architect or the engineer because they don’t want to be involved in this," Sultan, the new media consultant hired to handle some of the project’s imaging — mostly via Twitter — told POLITICO.
http://www.politico.com/news/stories/0810/41238.html