Since we are making the native application why we are limited to html view when it is required to display html text? There is a workaround within android as the example and reference given below and I hop someone can address further to make it a workaround in B4A:
http://developer.android.com/reference/android/text/Html.html#fromHtml(java.lang.String)
B4X:
myTextView.setText(Html.fromHtml("<h2>Title</h2><br><p>Description here</p>"));http://developer.android.com/reference/android/text/Html.html#fromHtml(java.lang.String)