EXCLUSIVE: Actress Greta Gerwig will make her solo writing and directorial debut on Lady Bird, a script she wrote that will be financed by IAC Films and will shoot in March in Sacramento, CA. Scott Rudin is producing with Eli Bush and Evelyn O’Neill. Gerwig will not appear on camera in the story of a young woman’s last year spent in Sacramento.

IAC’s most recent films have been the Paul Thomas Anderson-directed Inherent Vice, the Noah Baumbach-directed While We’re Young and the Chris Rock-directed Top Five.

Gerwig previously co-wrote Frances Ha, a film that brought her a Golden Globe nom as an actress, with Rudin producing. She also co-wrote and stars in the Baumbach-directed Mistress America, which opens next Friday through Fox Searchlight. She stars with Ethan Hawke and Julianne Moore in Maggie’s Plan, the Rebecca Miller-directed drama that makes its premiere next month at the Toronto Film Festival. Before she preps Lady Bird, Gerwig will star with Annette Bening, Elle Fanning and Billy Crudup in the Mike Mills-directed 20th Century Women.

Gerwig is repped by Management 360, UTA and Felker Toczek Suddleson Abramson. UTA and Eric Suddleson brokered the deal.