Company: BHM
Filing Date: 2025-03-20
Form Type: 424B3
Source: 0001104659-25-026164
Chunk: 128

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-20
Form: 424B3
Chunk 128
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 yield,
which is our distribution rate as a percentage of our share price, relative to market interest rates. If market interest rates increase,
prospective investors may desire a higher distribution yield on our Class A common stock or may seek securities paying higher dividends
or interest. As a result, interest rate fluctuations and capital market conditions are likely to affect the market price of our Class A
common stock, and such effects could be significant. For example, if interest rates rise without an increase in our distribution rate,
the market price of our Class A common stock could decrease because potential investors may require a higher distribution yield on
our Class A common stock as market rates on interest-bearing securities, such as bonds, rise.

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Table of Contents

Our ability to pay dividends is limited by the requirements of Maryland law.

Our
ability to pay dividends on our common stock is limited by the laws of Maryland. Under applicable Maryland law, a Maryland corporation
generally may not make a distribution (including a dividend or redemption) if, after giving effect to the dividend, the corporation would
not be able to pay its debts as the debts become due in the usual course of business, or the corporation’s total assets would be
less than the sum of its total liabilities plus, unless the corporation’s charter provides otherwise, the amount that would be needed,
if the corporation were dissolved at the time of the dividend, to satisfy the preferential rights upon dissolution of stockholders whose
preferential rights are superior to those receiving the dividend. Accordingly, we generally may not make a distribution if, after giving
effect to the distribution, we would not be able to pay our debts as they become due in the usual course of business or our total assets
would be less than the sum of our total liabilities plus, unless our charter provides otherwise, the amount that would be needed to satisfy
the preferential rights upon dissolution of stockholders whose preferential rights are superior to those receiving the dividend. Any dividends
or redemption payments may be delayed or prohibited. As a result, the price of our common stock may decrease, which may have a material
adverse effect on our business, financial condition and results of operations.

We may change our dividend policy, and the cash distributions you receive may be less frequent or lower in amount than you expect.

Future
dividends will be declared and paid at the discretion of our Board, and the amount and timing of dividends will depend upon cash generated
by operating activities, our business, financial