The company announced Monday an interim Value Assurance Program that will compensate eligible residential property owners for any reduction in value. A map of the defined program area which extends into parts of Pennsylvania can be found on Norfolk Southern's website.

Norfolk Southern said it's working toward a long-term program to help financially benefit East Palestine and nearby residents.

"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," Norfolk Southern President and CEO Alan H. Shaw said. "This program aims to give homeowners the reassurance they need."