Company: BHM
Filing Date: 2025-04-09
Form Type: 424B3
Source: 0001104659-25-033384
Chunk: 242

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-09
Form: 424B3
Chunk 242
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 such
conflict of interest. Waivers of our code of business conduct and ethics will be required to be disclosed in accordance with NYSE American
and SEC requirements.

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Interested Director and Officer Transactions

Pursuant to the MGCL, a contract
or other transaction between us and a director or between us and any other corporation 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