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The federal government awarded the CTA $121.1 million to buy hybrid buses last week — while keeping nearly $2 billion in federal funding for the agency’s planned Red Line Extension frozen.

The CTA’s grant is the largest awarded this year under the Federal Transit Administration’s Grants for Buses and Bus Facilities and Low or No Emission Grant programs. It will allow the CTA to buy up to 150 fully-accessible hybrid buses, the agency said.

“This solution represents the best path forward today to meet our core mission of providing safe, reliable and efficient transit services while also reducing our impact on the environment,” the CTA said in a statement.

The agency’s chief financial officer, Tom McKone, said during a budget presentation at th

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