Hill will executive produce the currently-untitled syndicated series, while Pickler has been selected as its first co-host. The talk show will touch upon lifestyle topics including gardening, home design and cooking, and will be filmed in a modern farmhouse-style home in Nashville, TN.
To the two country singers' advantage, they'll also be working with Lisa Erspamer, who produced Oprah and also serves as an executive for OWN.
Hill, 48, made the series' announcement on her website and found many ways to compliment Pickler, 29, who has more than dabbled in reality TV projects.
"This is a woman of so many talent. Kellie is smart, compassionate, funny, quick-witted and has a heart for service -- the work she's done with the USO and our service men and women is no secret," Hill wrote.
"She possesses the ability to reach far beyond the camera and into the hearts of people, allowing you to feel immediately connected to her. There was no question in my mind that she should be a big part of this show."
Pickler rose to fame as a finalist on American Idol's fifth season in 2005 and finished in sixth place. She went on to win Dancing with the Stars' sixteenth season in 2013 with pro Derek Hough. Pickler then guest hosted daytime programs such as The Chew and The View.
Erspamer also commented on Hills' participation and what her skills will bring to the table as shown on the country icon's website.
"Faith is the embodiment of talent, beauty, family values and southern charm. She is an incredibly savvy businesswoman and viewers will see firsthand what everyone she has worked with already knows -- they will see a woman with extraordinary taste, skills and instinct behind the camera. We've wanted to make this show for several years and are thrilled that everything has finally fallen into place," Erspamer explained.
The new daytime talk show is being produced by Legendary Television with Jason Owen from Sandbox Entertainment serving as another executive producer.
The show's official title will be revealed in the coming weeks.