In an effort to increase apprenticeship opportunities in Los Angeles, The Broad Foundation has given a $1.1 million grant to the Launch Apprenticeship Network.

“We are proud to support Launch and its mission to expand apprenticeship opportunities for Angelenos, especially in sectors that offer rewarding careers and economic advancement,” Gerun Riley, president of The Eli and Edythe Broad Foundation, said in a statement. “By forging partnerships between community colleges and employers, Launch is reimagining how young people from historically marginalized communities access family wage-earning jobs.”

The grant, announced earlier this month, will help with Launch’s partnership with 19 community colleges that make up the Los Angeles Regional Consortium. Los Angeles County is currently home to 20% of the state’s apprentices, but only 11% of those opportunities are outside of the building and fire trades.

Launch will use the funding to help the schools it works with implement new programs in business services, IT and other sectors. The group is also looking to increase awareness of apprenticeships among high school students, engage more employers in designing apprenticeships and register roughly 200 new apprentices by the end of 2027.

“Through this investment, our community colleges will be able to expand and enhance apprenticeship programs throughout Los Angeles County in high-growth, high-demand industries,” Los Angeles Regional Consortium’s Dr. Narineh Makijan said. 

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Daryl J. Carter, founder, chair and chief executive of Avanath Capital Management, has been given the African American Real Estate Professionals Los Angeles Chapter’s inaugural Lifetime Achievement Award.

Avanath Capital Management is a multifamily owner and operator that focuses on affordable and workforce housing.

“There is no question that Daryl is an exemplary leader whose success is admirable, and that he has built a virtually unmatched reputation amongst his peers and those coming up in the real estate industry,” AAREP LA President Kimberly Brown said in a statement. “But what truly sets Daryl apart is his unwavering commitment to prioritizing investment in historically overlooked communities throughout the country through his work with Avanath and continued advocacy – and his ability to inspire and open up opportunities for others to do the same.”

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If you think you are paying too much for your backyard, you may be on to something. In fact, Californian’s pay 216% more than the national average per square foot of yard space, according to a recent study by the New Jersey Real Estate Network. The average price of yard space was $25.44 per square foot, while in California it’s $80.32 per square foot, the group found. On the flip side, yard space in Alaska costs just $2.15 per square foot. 

The Insider is compiled by Interim Editor Hannah Welk. She can be reached at [email protected].