Company: BHM
Filing Date: 2025-03-28
Form Type: POS AM
Source: 0001104659-25-029225
Chunk: 176

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-03-28
Form: POS AM
Chunk 176
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 Harvard University (March 2024), rent-burdened households hit a record high in 2022, as half
of all households spent more than the recommended 30% of income on rent and utilities. Through our focus on the middle-income and rent-burdened
renter with our build-to-rent investment strategy, we are seeking to deliver a supply of affordable, well-maintained, residential housing
options, both for renters by choice as well as by necessity.

Governance: Corporate Governance. We have established a governance framework that fosters effective stewardship of investor and stockholder
capital, promotes an ethical and transparent approach to doing business, and encourages board diversity. We are committed to operating
our business under strong and accountable corporate governance practices and have structured our corporate governance in a manner that
we believe aligns our interests with those of our stockholders. Key attributes of our corporate governance structure include the following:

| · | Majority of Board Is Independent. Four of the five members of our board of directors are independent for purposes of the NYSE American corporate governance listing standards and Rule 10A-3 under the Exchange Act. |

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| · | Board of Directors Will Not Be Staggered. Each of our directors will be subject to re-election annually. |

| · | Lead Independent Director. Our lead independent director structure promotes strong, independent oversight of our management and affairs. |

| · | Fully Independent Key Board Committees. We have fully independent Audit, Compensation and Nominating and Corporate Governance Committees. |

| · | Commitment to Board Diversity. Of the five expected members of our board of directors, one is female and four self-identify as an ethnic minority. |

| · | Code of Business Conduct and Ethics. Our directors, officers and employees are subject to our Code of Business Conduct and Ethics, fostering the highest standards of ethics and conduct in all aspects of our business. |

| · | Stock Ownership Guidelines. To better align the interests of the company’s directors and executive officers with those of its stockholders, we have adopted Stock Ownership Guidelines to require executive officers to maintain specified minimum levels of ownership in our common stock, ranging (depending on position) from $750,000 to $2.5 million. Our Stock Ownership Guidelines further require our independent directors to own shares of our common stock valued at a minimum of three times their annual cash retainer for service on the board of directors. |

| · | Anti-Hedging Policy. Our