At $4 million, the price was right for the state of Utah to buy Salt Lake City’s emergency homeless shelter — even with a $3 million discount.
State officials and leaders of the nonprofit that owns the shelter announced the sale Tuesday, calling it a “win-win-win” ahead of the scheduled 2019 closure of The Road Home and the planned opening of three new, smaller shelters that year.
“This transaction is a great help to Shelter the Homeless as we continue to make progress in the construction of these new resource centers,” said Harris Simmons, board president of Shelter the Homeless, the property’s current owner.