This competency-based preservice home economics teacher education module on low income furnishings is the third in a set of three modules on housing in economically depressed areas. (This set is part of a larger set of sixty-seven modules on the Management Approach to Teaching Consumer and Homemaking Education [MATCHE]--see CE 019 901-967.) Following the module objective and overview, two units of instruction are presented: (1) furnishing alternatives (with lessons on buying new furnishings, purchase and restoration of used furnishings, and obtaining shared or donated items) and (2) furnishing items for low-income budgets (with a lesson on makeshift furnishings). Each unit includes the unit objective, overview, and a progress test. Lessons contain a narrative summary, and suggested activities and resources. A module pre/posttest (with answer key) concludes the document. (Workshop proceedings relating to the development of these modules are available in the ERIC system as CE 019 896-899; also available is a module on utilizing FHA-HERO as an instructional strategy to expand and strengthen the home economics instructional programs [CE 019 900].) (CT)