Close was last seen in The Wife, which earned her her seventh Academy Award nomination, though she lost to Olivia Colman in The Favourite.
The movie adaptation has become a passion project for Howard, who will direct.
Howard is currently wrapping up production on the documentary Pavarotti, which takes a look at the life and work of opera legend Luciano Pavarotti.
Vance, raised poor among working-class “hillbillies,” explores his childhood and family struggles as they navigate drug addiction and social and economic challenges.