The N.H. House has approved a bill that would allow a state-backed $28 million loan to the developer of the now-closed Balsams resort.
North Country legislators including Bill Hatch, a Democrat from Gorham, urged its passage.
“Please know that we are in dire need of any kind of economic development.”
Senate Bill 30 allows an unincorporated area – such as that around the Balsams - to become a tax district.
That alone doesn’t provide any money to the Balsams.