Another option that has worked well for me is to use matt board (used to mat pictures) for the boards and plastic coated <large> paper clips to secure the fabric.
I get the matt board at Hobby Lobby. Regular price is $7.99; however, they run a 50% sale on these once a month.... so that is when I stock up. I can get 8 large and 5 small out of one piece. **Note** the matt board is best cut with a knive specifically designed to cut the thick board.
You can get the plastic coated paper clips at a "Dollar Store" --- 40 for $1.00.
I LOVE being able to see all my fabric and not having to dig through tubs to find it. It is much, much easier to put it back where it belongs too!!!
Good luck!