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Yesterday, Chicago officials unveiled a $205 million plan to rehabilitate and modernize the Chicago Transit Authority’s (CTA) rail and bus maintenance facilities.

The announcement is a continuation of Mayor Rahm Emanuel’s plan to modernize the CTA at every level through investments that will reduce costs over time, and bring the agency’s infrastructure and assets into a state of good repair, CTA officials said in a prepared statement.

“Investing in our infrastructure is key to Chicago’s continued growth and not only will this initiative ensure commuters have safe and reliable service for years to come, it spurs the creation of hundreds of jobs,” Emanuel said.

The majority of the investment, $130 million, will be used to upgrade the agency's seven bus maintenance and repair facilities, as well as equipment used for repairs. The remainder will go toward upgrades at rail maintenance and repair facilities, CTA officials said.

Federal funds and CTA sales-tax bonds will be used to pay for the initiative.