IF you've been visiting the Tweed from metropolitan NSW and you're thinking of sticking around, you're in luck.

The NSW government's Regional Relocation Grant is designed to encourage long-term renters to make the move from metropolitan Sydney, Newcastle or Wollongong to regional areas.

Deputy Premier and Minister for Regional Infrastructure & Services Andrew Stoner said long-term city based renters could apply for $7000 in funding towards buying a house in regional NSW.

"The expanded Regional Relocation Grant and new Skilled Regional Relocation Incentive will help ease Sydney's tight rental market and population pressures," Mr Stoner said.

Mr Stoner said the Skilled Regional Relocation Incentive would encourage city-dwellers relocate to regional communities for full-time employment.

Mr Stoner said the grants would hopefully boost population growth in regional areas.

He said this would help to meet the expected increase in job demand, which is expected to follow the Government's investment in regional infrastructure and business growth.

"These measures aim to enhance the appeal of regional relocation to an economically active demographic including young families, young professionals, small business owners and tradespeople," Mr Stoner said.

Mr Stoner said over 2500 families had taken a leap with the Regional Relocation Grant scheme since its establishment in 2011.

"Many of these families have spoken positively about the affordability of homes and the change of lifestyle, including an easier commute to work, fresh local foods, a clean environment and friendly communities," Mr Stoner said.

"Grant applications will be administered on a first come, first served basis until the annual Budget allocation - $10.4 million for 2013-14 - has been exhausted."

For more information, visit business.nsw.gov.au.

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