Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 183

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 183
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In the creation of our portfolio,
we are especially proud that we are able to address a critical and growing need for quality, well-managed and affordable homes in desirable
communities, striving to demonstrate the possibility of embracing both people and profits. As we discuss below, according to a study
by the Joint Center for Housing Studies of 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.                                                                               |

| · | 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 our directors and executive officers with those of our stockholders, we have adopted Stock Ownership 
 Guidelines to require executive officers