01 Why was the fund established?
Heritage and character buildings make a significant contribution to the historic identity and visual character of communities. They have always been an integral part of the Canterbury region’s identity. Unlike New Zealand’s other main centres, Christchurch has a flat and relatively featureless topography. It was the diversity of the built environment, and in particular the city’s heritage buildings, which gave the city its attraction. Many of these buildings have been demolished as a result of the devastating earthquakes. Those heritage and character buildings which remain, have, in most cases, sustained major damage. In many instances insurance cover is insufficient to cover the costs of repair. This fund was set up to address this shortfall over the initial period of earthquake recovery.