Katie Holmes may produce 'All We Had'

NEW YORK, July 30 (UPI) -- Katie Holmes may produce All We Had.

The 35-year-old actress has optioned the rights to adapt Annie Weatherwax's novel All We Had for film. The book is scheduled for release August 5, and the movie would be Holmes' first project as producer.

All We Had focuses on a mother, Rita, who has fallen on hard times, and her 13-year-old daughter, Ruthie. The pair are kicked out of their home and end up in small town Fat River, where Rita is able to secure a job at a diner. A number of quirky residents inhabit the city, and welcome mother and daughter to the town.

It is unclear if Holmes would also star in the feature. The actress will appear in The Giver and Mania Days later this year, and Woman in Gold in 2015.