Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 397

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 397
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 of expenses to any individual who served a predecessor of us in any of the capacities described above and to any employee
or agent of us or a predecessor of us.

We have entered into indemnification agreements
with each of our directors and our executive officers. The indemnification agreements require, among other things, that we indemnify such
persons to the maximum extent permitted by law, and advance to such persons all related expenses, subject to reimbursement if it is subsequently
determined that indemnification is not permitted.

Item 35. Treatment of Proceeds from Stock Being Registered

None.

Item 36. Financial Statements and Exhibits

(a)Financial Statements. The following
financial statements are incorporated into the prospectus and this registration statement by reference:

| (1) | The audited consolidated financial statements of the company included in the company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 20, 2025. |

| (2) | The financial statements of real estate acquired for Villas at Huffmeister and pro forma financial information for the company included 
 in the company’s Current Report on Form 8-K, filed with the SEC on November 14, 2024.                                                   |

| (3) | The audited consolidated financial statements for Amira JV LP and Subsidiary, financial statements of real estate acquired for Amira                           
 at Westly, and pro forma financial information for the company included in the company’s Current Report on Form 8-K/A, filed with the SEC on January 16, 2025. |

| (4) | The financial statements of real estate acquired for Allure at Southpark and pro forma financial information for the company included 
 in the company’s Current Report on Form 8-K/A, filed with the SEC on February 18, 2025.                                               |

(b) Exhibits. See the Exhibit Index on
the page immediately following the signature page for a list of exhibits filed as part of this Registration Statement on Form S-11,
which Exhibit Index is incorporated herein by reference.

Item 37. Undertakings

Insofar as indemnification for liabilities arising
under the Securities Act of 1933, as amended (the “Act”) may be permitted to directors, officers and controlling persons of
our company pursuant to the provisions referred to in Item 34 of this registration statement, or otherwise, we have been advised that
in the opinion of the Securities and Exchange Commission,