Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 173

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 173
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of older, less sustainable properties throughout the U.S., while our ground-up, build-to-rent developments incorporate environmentally
sound principles from inception. Our due diligence process incorporates evaluation of environmental impacts, which are factored into our
projections for acquisition or investment, affording us the functional and financial flexibility to develop or retrofit homes to operate
more responsibly in a changing environment.

Social: Social Responsibility. Consistent with our Human Rights Policy, we strive to respect and promote all human rights, consistent
with the UN Guiding Principles on Business and Human Rights, the International Covenant on Civil and Political Rights, and the International
Covenant on Economic, Social and Cultural Rights. We maintain a diverse board of directors, both by ethnicity and gender, and remain committed
to ensuring the preservation of human rights in our relationships with our employees, partners and tenants. We are very pleased to report
that our most recent engagement survey showed that 87% of the employees of Bluerock are proud to work for the Bluerock family of companies.

In the creation of our portfolio,
we are especially proud that we are able to address a critical and growing need for quality, well-managed and affordable homes in desirable
communities, striving to demonstrate the possibility of embracing both people and profits. As we discuss below, according to a study by
the Joint Center for Housing Studies of Harvard University (March 2024), rent-burdened households hit a record high in 2022, as half
of all households spent more than the recommended 30% of income on rent and utilities. Through our focus on the middle-income and rent-burdened
renter with our build-to-rent investment strategy, we are seeking to deliver a supply of affordable, well-maintained, residential housing
options, both for renters by choice as well as by necessity.

Governance: Corporate Governance. We have established a governance framework that fosters effective stewardship of investor and stockholder
capital, promotes an ethical and transparent approach to doing business, and encourages board diversity. We are committed to operating
our business under strong and accountable corporate governance practices and have structured our corporate governance in a manner that
we believe aligns our interests with those of our stockholders. Key attributes of our corporate governance structure include the following:

| · | Majority of Board Is Independent. Four of the five members of our board of directors are independent for purposes of the NYSE American corporate governance listing standards and Rule 10A-3 under the Exchange Act