Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 435

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 435
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 that is an offer in the offering made by the undersigned registrant to the purchaser.

(d) The undersigned registrant hereby further
undertakes that:

(1) For purposes of
determining any liability under the Securities Act of 1933, the information omitted from the form of prospectus filed as part of this
registration statement in reliance under Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule 424(b)(1) or
(4), or 497(h) under the Securities Act, shall be deemed to be part of this registration statement as of the time it was declared
effective.

(2) For the purpose
of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus shall be deemed
to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.

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EXHIBIT INDEX</div>

| Exhibit 
 Number  
 2.1     
 3.1     |     | Description                                                                                                                           
 Separation                                                                                                                            
 and Distribution Agreement, dated as of October 5, 2022, by and among Bluerock Residential Growth REIT, Inc., Badger Parent           
 LLC, Badger Holdco LLC, Bluerock Residential Holdings, L.P. and Bluerock Homes Trust, Inc., incorporated by reference to              
 Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on October 6, 2022                                                      
 Second                                                                                                                                
 Articles of Amendment and Restatement of Bluerock Homes Trust, Inc., incorporated by reference to Exhibit 3.1 to the Company’s        
 Current Report on Form 8-K filed on October 6, 2022                                                                                   |
|:--------|:----|:--------------------------------------------------------------------------------------------------------------------------------------|
| 3.2     |     | Amended                                                                                                                               
 and Restated Bylaws of Bluerock Homes Trust, Inc., incorporated by reference to Exhibit 3.2 to the Company’s Current                  
 Report on Form 8-K filed on October 6, 2022                                                                                           |
| 3.3     |     | Articles                                                                                                                              
 Supplementary of the Company, dated December 1, 2022, incorporated by reference to Exhibit 3.1 to the Company’s Current               
 Report on Form 8-K filed on December 5