Company: BHM
Filing Date: 2025-11-18
Form Type: S-11/A
Source: 0001104659-25-113674
Chunk: 303

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-11-18
Form: S-11/A
Chunk 303
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 a resolution of the board of directors, in conformity with Maryland law, and will not include any personal identifying information
concerning the holders of the shares. In addition, during usual business hours, one or more persons that together have held at least
5% of the outstanding stock of any class for at least six months have the right to inspect and copy our books of account and our stock
ledger and may request a list of stockholders in writing or by electronic submission. Requests to inspect and/or copy our corporate records
must be made in writing to our address at 919 Third Avenue , 40 Floor, New York, New York 10022.

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Distributions

We intend to make regular
cash distributions to our stockholders, typically on a monthly basis. Our board of directors will determine the amount of distributions
to be distributed to our stockholders. The board’s determination will be based on a number of factors, including funds available
from operations, our capital expenditure requirements and the annual distribution requirements necessary to maintain our REIT qualification
under the Code. As a result, our distribution rate and payment frequency may vary from time to time. However, to qualify as a REIT for
U.S. federal income tax purposes, we must make distributions equal to at least 90% of our REIT taxable income (determined without regard
to the dividends paid deduction and excluding net capital gain) each year. Especially during the early stages of our operations, some
or all of our cash distributions are expected to be paid from sources other than cash flows from operating activities, such as cash flows
from financing activities, which may include borrowings, net proceeds from shares sold in this offering or our common stock offering,
proceeds from the issuance of additional shares pursuant to any future distribution reinvestment plan for our common stock, cash resulting
from a waiver or deferral of fees or expense reimbursements otherwise payable to the Manager or its affiliates, cash resulting from the
Manager or its affiliates paying certain of our expenses, proceeds from the sales of assets, and from our cash balances. There is no
limit on distributions that may be paid from any of these sources, however, our Manager and its affiliates are under no obligation to
defer or waive fees in order to support our distributions. Our charter does not prohibit our use of such sources to fund distributions.

We will pay U.S. federal
income tax on our taxable income, including net capital gain, that we do not distribute to