Katie Holmes has signed on to make her directorial debut with the adaptation All We Had, based on the novel of the same name by Annie Weatherwax. Katie Holmes had optioned the novel in July, a month before it was published by Scribner.

The story follows a single mother and her 13-year-old daughter, who are barely surviving and on the brink of poverty, when they find an unlikely home in a quirky small town. It isn't known if the actress/filmmaker plans on starring in the adaptation or not.

Josh Boone, who directed the hit young adult adaptation The Fault in Our Stars this summer, has signed on to write the adapted screenplay, with Jane Rosenthal and Berry Welsh producing through their Tribeca Productions company.

Here's what Katie Holmes had to say about the project.

"I am very excited and honored to be collaborating with Jane and Josh on this project and look so forward to bringing Annie's incredible characters to the screen."

Producer Jane Rosenthal also offered her own statement.

"Katie has such a clear vision for the book's irreverent, original mother-daughter relationship. Her passion for the material, along with Josh Boone's ability to tell stories grounded in the comedy and drama of everyday, will truly bring these characters to life."

No production schedule was given. Katie Holmes can currently be seen in the young adult adaptation The Giver. Earlier today, the first trailer debuted for her latest film Days and Nights, arriving September 26. The actress also stars in the dark comedy Miss Meadows, which hits theaters this November, and she recently wrapped production on The Woman in Gold.