Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 192

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 192
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 of directors has
adopted Corporate Governance Guidelines to assist the board of directors in guiding our governance. The Corporate Governance Guidelines
will be re-evaluated periodically and at least annually by the nominating and corporate governance committee in light of changing circumstances
in order to ensure that the Corporate Governance Guidelines continue to serve our and our stockholders’ best interests.

Code of Business Conduct and Ethics

We will not have a policy
that expressly restricts any of our directors, officers, stockholders or affiliates, including our Manager or Bluerock or their respective
officers and employees, from having a pecuniary interest in an investment in or from conducting, for their own account, business activities
of the type we conduct. However, our Code of Business Conduct and Ethics contains a conflicts of interest policy that prohibits our directors,
officers and personnel, as well as officers and employees of our Manager and its affiliates and of Bluerock who provide services to us,
from engaging in any transaction that involves an actual conflict of interest with us. Notwithstanding the prohibitions in our Code of
Business Conduct and Ethics, after considering the relevant facts and circumstances of any actual conflict of interest, our board of directors
may, on a case-by-case basis and in its sole discretion, waive such conflict of interest for executive officers or directors, which must
be promptly disclosed to stockholders. Waivers for other personnel may be made by our Chief Executive Officer. Waivers of our Code of
Business Conduct and Ethics will be required to be disclosed in accordance with the NYSE American and SEC requirements. A copy of our Code
of Business Conduct and Ethics is available at www.bluerock.com/bluerock-homes-trust/governance-documents.

Board Leadership Structure

We expect our board composition
and our corporate governance guidelines to ensure strong oversight by independent directors. The audit committee, compensation committee
and nominating and corporate governance committee of the board of directors are each composed entirely of independent directors. The board
of directors is led by Mr. Kamfar. As Chairman of our board of directors, Mr. Kamfar is responsible for leading board meetings
and meetings of stockholders, generally setting the agendas for board meetings (subject to the requests of other directors) and providing
information to the other directors in advance of meetings and between meetings. As Chief Executive Officer, Mr. Kamfar manages our
business under the direction of the board of directors and implements our policies as determined by the board of directors. Pursuant to
our Corporate Governance