Norfolk Southern announces Value Assurance Program for East Palestine area homeowners
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EAST PALESTINE, Ohio, Sept. 18, 2023 ~ Norfolk Southern Corporation (NYSE: NSC) announced Monday an interim Value Assurance Program (VAP) to compensate any reduction in value of eligible residential properties located in East Palestine, Ohio and some surrounding communities following the February derailment.

The program applies to homes located inside the bolded line on the map provided by Norfolk Southern. Alan H. Shaw, President and CEO of Norfolk Southern, stated "This is another step in fulfilling our promise to East Palestine to make it right. Norfolk Southern is steadfast in keeping our commitments, including protecting the home values of the community. This program aims to give homeowners the reassurance they need."

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The interim VAP will be available for those residents who have sold their homes since February 3, currently have their homes on the market, or will put their homes on the market. Eligible property owners will work with independent appraisers to assess the value of their home and with the Norfolk Southern Family Assistance Center (FAC) after the sale to recoup any difference. The interim VAP will end when a long-term VAP is announced and its requirements will apply at that time.

Residents can learn more about eligibility requirements and steps required for program participation on the VAP website, materials available at FAC or by contacting the VAP Administrator via (877) 270-6970.

Norfolk Southern is committed to making things right for East Palestine and its surrounding communities by providing this interim Value Assurance Program as part of broader commitments made in March 2023.
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