They best not be suggesting that they run a RISC-V in the fpga.
Nothing about the project is really all that reasonable, considering FPGAs are nearly entirely proprietary across the board, and because it'd be super expensive to make something that is actually truly open.
But good for them for trying something new.
The Kestrel-4 plans to use the ICE-40 as one of its platforms, and at the time of writing this the ICE-40 FPGA family is the most open of all FPGA devices (fully open source development toolchain, etc...).
https://kestrelcomputer.github.io/kestrel/2016/04/01/announc...