This bill proposes to amend the Investment Company Act of 1940 to impose significant restrictions on certain large financial entities regarding the acquisition of residential properties. Its primary goal is to prohibit large-scale companies from purchasing any single-family residence, including those acquired from the federal government. A "large-scale company" is specifically defined as a registered investment company or private fund managing more than $100,000,000,000 in assets . Furthermore, these companies would be barred from acquiring more than 49 percent of the equity securities of a "qualified issuer," which is an entity holding over 100 single-family residences as assets. The legislation defines a "single family residence" as an independent dwelling unit for one household, explicitly excluding condominium or cooperative housing units. These restrictions are set to take effect 100 days after the bill's enactment, aiming to limit institutional ownership in the single-family housing market.