Norfolk Southern announces details of plan to pay for lost home values because of Ohio derailment

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Norfolk Southern announces details of plan to pay for lost home values because of Ohio derailment
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The railroad’s program will no doubt be welcomed by some people who want to sell their homes and move away rather than deal with the lingering health worries, but some critics say the railroad should be doing more to address those health concerns.

Norfolk Southern announced new details Monday about its plan to compensate East Palestine residents for lost home values since the fiery derailment disrupted life in the eastern Ohio town in February.

Already, the railroad estimates that the cleanup will cost more than $800 million, which includes $74 million that Norfolk Southern has pledged to East Palestine to help the town recover. That total will continue to grow as the cleanup continues, the funds are finalized and various lawsuits move forward. The railroad will also get compensation from its insurers and likely other companies involved in the derailment.

Texas Sen. Ted Cruz, a Republican, praised the railroad for following through on the commitment it made in the spring. “I intend to keep the pressure on Norfolk Southern to make things right for the community,” he said. Longtime East Palestine resident Jami Wallace, who still hasn’t moved back home since the derailment, said she and the Unity Council group she helps lead are much more focused on residents’ health instead of things like home values, even though the government and railroad continue to insist that ongoing tests of the air and water in the area don’t show concerning levels of chemicals.

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