Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 243

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 243
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 or other entity in which any of our directors is
a director or has a material financial interest is not void or voidable solely on the grounds of such common directorship or interest.
The common directorship or interest, the presence of such director at the meeting at which the contract or transaction is authorized,
approved or ratified or the counting of the director’s vote in favor thereof will not render the transaction void or voidable if:

| · | the                                                                                                                                   
 fact of the common directorship or interest is disclosed or known to our board of directors or a committee of our board of directors, 
 and our board of directors or such committee authorizes, approves or ratifies the transaction or contract by the affirmative vote     
 of a majority of disinterested directors, even if the disinterested directors constitute less than a quorum;                          |

| · | the                                                                                                                                 
 fact of the common directorship or interest is disclosed or known to our stockholders entitled to vote thereon, and the transaction 
 is authorized, approved or ratified by a majority of the votes cast by the stockholders entitled to vote, other than the votes of   
 shares owned of record or beneficially by the interested director or corporation or other entity; or                                |

| · | the                                                    
 transaction or contract is fair and reasonable to      
 us at the time it is authorized, ratified or approved. |

We have adopted a policy that
requires that all contracts and transactions between us, our operating partnership or any of our subsidiaries, on the one hand, and any
of our directors or executive officers or any entity in which such director or executive officer is a director or has a direct or indirect
material financial interest, on the other hand, must be considered by our audit committee and approved by the affirmative vote of a majority
of our independent directors.

Lending Policies

We may not make loans to our
directors, officers or other employees except in accordance with our code of business conduct and ethics and applicable law. We do not
have a policy limiting our ability to make loans to other persons. Subject to REIT qualification rules, we may consider offering purchase
money financing in connection with the sale of properties when providing that financing will increase the value to be received by us for
the property sold. We may make loans to joint-development projects in which we may participate in the future. We have not engaged in any
lending activities in the past, and we do not intend to do so in the future.

Policies with Respect to Issuance and Underwriting of Securities