THE houses on Moore Street which played a central role during the 1916 Rising have been given the green light for major restoration work.
NAMA will finance the renovation of the national monument at number 14 and 17, Moore Street in Dublin's city centre, Minister for Finance Michael Noonan has confirmed.
Four houses on the terrace where rebels made their last stand in 1916 have already been declared a national monument and now restoration works can begin.
"I am advised that properties at 14 to 17 Moore Street are protected and designated as a national monument and works are subject to Ministerial Consent," he said.
"The Minister for Arts, Heritage and the Gaeltacht, granted consent for specified works to be completed on the site.
"NAMA has approved funding for the completion of these works subject to planning permission."
The site has been an issue of contention for several years.
The laneways and streets surrounding Moore Street are largely considered to be the last historic remnants of battlefield of the Easter Rising of 1916.
But there were major objections when plans were revealed for a shopping centre at the site.
John Conway, secretary of the Save No 16 Moore Street Committee, said that the announcement paved the way for work to be completed in time for the centenary.
"These two announcements mean that there is now no reason why the national monument cannot be fully restored for the Centenary in April 2016," he said.
"We're delighted, we have been struggling for years now to protect this area.
"It is so important, it is the cradle of our nation and you have to fight for these things."
Nuala O'Rahilly-Price, the granddaughter of The O'Rahilly – the only Republican leader to die in combat during the Rising – was delighted with the news.
"We believe that we now can reverse the neglect of these buildings and restore them as a true and fitting commemorative museum," she said.