Cash-Incentive Schemes (CIS) are specific initiatives that aim to encourage development of new and existing homes in the UK housing market. They provide financial incentives to developers to build more affordable housing units and to renovate rundown housing stock. The incentives can be in the form of direct cash payments, financial guarantees, development loans or other forms of financial assistance. The purpose of CIS is to promote development of new housing and stimulate the housing market by providing developers with the financial support they need to complete projects. The scope of these schemes is to create a range of housing options that meet the needs of all members of the community. This includes providing for affordable housing for key workers, young people, and those on low incomes. CIS also focuses on the renovation of existing housing stock to ensure that it meets the standards required for modern living.