The Virgin Islands Housing Finance Authority and the Virgin Islands Housing Authority shall provide their respective tenants with appropriate counseling and training for each step of implementation along a pathway to homeownership. The training shall include, but not be limited to, instruction in the meaning of terms and phrases ordinarily used in the financing and purchasing of a home. There shall be counseling in financing and maintenance responsibilities. An explanation shall be provided of the meaning of fee simple ownership or any other selected method of title, as well as the rights and responsibilities of condominium and cooperative entities. The Authority shall provide training and counseling to such tenant or group of tenants as requested in the consultation required in Section 153 of this chapter, if such request is relevant to the plan for homeownership.