{"id":14014,"date":"2023-09-20T02:27:26","date_gmt":"2023-09-20T02:27:26","guid":{"rendered":"https:\/\/prosfunds.com\/investing\/norfolk-southern-announces-homeowner-compensation-plan-after-east-palestine-derailment\/"},"modified":"2023-09-20T02:27:26","modified_gmt":"2023-09-20T02:27:26","slug":"norfolk-southern-announces-homeowner-compensation-plan-after-east-palestine-derailment","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=14014","title":{"rendered":"Norfolk Southern announces homeowner compensation plan after East Palestine derailment"},"content":{"rendered":"
\n

Railroad giant Norfolk Southern Corp.
\n NSC,
\n -1.09%<\/bg-quote>
\n on Monday announced an interim plan to compensate eligible homeowners whose home values suffered following the February derailment of a train carrying toxic chemicals in East Palestine, Ohio. Under the program, residents within a defined boundary near the Ohio-Pennsylvania border \u201cwho have sold their homes since\u00a0February 3, currently have their homes on the market, or will put their homes on the market, are eligible to be compensated for any difference between their home\u2019s market value and its sale price,\u201d the company said. The interim program will also be available for future sales, as Norfolk Southern works on a longer-term plan. Property owners who qualify \u201cwill 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.\u201d Shares were unchanged after hours. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Railroad giant Norfolk Southern Corp. NSC, -1.09% on Monday announced an interim plan to compensate eligible homeowners whose home values suffered following the February derailment of a train carrying toxic chemicals in East Palestine, Ohio. Under the program, residents within a defined boundary near the Ohio-Pennsylvania border \u201cwho have sold their homes since\u00a0February 3, currently […]<\/p>\n","protected":false},"author":1,"featured_media":3604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[32],"tags":[],"class_list":{"0":"post-14014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nNorfolk Southern announces homeowner compensation plan after East Palestine derailment | Prosfunds<\/title>\n<meta name=\"description\" content=\"Railroad giant Norfolk Southern Corp. 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