Rendering HTML code from a form field

Is it possible to render html code from a form (php variable). I’m not having any luck with this. I have created a form in a page and it displays correctly however when the variable loads the data to the textarea in the form, it shows straight html. How to I get it to render html?

I’ve also tried to just echo out the php variable outside of the form but I’m just getting html coding on the front end.

I then tried the print_r() but it’s the same results. Can someone point me in the right direction?