Robert Ferris

Money Moves

Announced the closure Oct. 29 after the state declined emergency funding, and said he will sell company assets over 30 days to pay workers' unused vacation as severance.

Advantage Services, a Salt Lake City nonprofit that employed people experiencing homelessness and cleaned up encampments, is closing after 34 years. Its CEO, Rob Ferris, sent the closure notice on Thursday, Oct. 29. That was the same day the state Office of Homeless Services told him it could not fund his request for emergency bridge money.

Updated Nov 1

Money Moves

Announced the nonprofit's closure effective Oct. 31 and is seeking employers for former staff.

Advantage Services closed on Oct. 31 after the state Office of Homeless Services said it could not fund the nonprofit's emergency request. About 125 people lost jobs, most of them workers facing homelessness, disabilities, addiction or criminal records.

Updated Oct 30