How to use these materials

Stakeholders new to a tax credit funding mechanism sometimes have difficulty grasping how the credit allocation turns into cash, and why this delivery system has significant advantages over a grant-funded approach.

Demonstrating the sequential differences brings into sharp focus several of the HART Credits structural benefits:

Pay for performance.
Transferring risk from government to the private sector.
Market competition and market forces.
Intermediating resource delivery.
Combining HART Credits with other resources.

This set of materials provides a simple display walkthrough, suitable for presentation, of how the HART Credit will function. They are built around an entirely conceptual case.

They are talking materials suitable for a role-playing approach to presentation, where each individual is assigned a particular role: Sponsor, Investor, Lender (financier), Consumer (home buyer or renter), Allocator (RDA), and Inland Revenue (source of HART Credits). Then the steps are illustrated by using scrip that moves among the participants, step by step, as the property development moves forward.