I am looking to get a couple of quotes for a small residential development project in charlotte area.

My position at this company is as an assistant project management & payroll.

I suspect that it's a MF since you are including water and electricity in your projections.

It sounds like you learned alot from this project. 

Was just wondering if it was possible to refinance it as a "company" and use the appraisal value of the property along with the projected cash flow as the collateral needed for the refinance. 

I do suspect quite often.This in itself causes a shortage.I also know that any RE Investor who is looking for his next investment in NYC should be smart enough NOT to buy to close to a low income housing project.

Yes, get the owner to sign the PSA at the as is value, approach the bank as the potential buyer and would want the bank to finance the works - (you will need to get a full estimate of works to be done, comparables, and income projections etc.)

Though they mentioned that there will be no cost to me, they will take care of the entire project and also willing to 'transfer' to the new tenant or landlord. 

Messed up timeline.The roof was fine, but a hail storm totaled it midway through the project.

@Dennis Juanir if you are willing to share, what did the numbers look like at the start of the project versus the end?