According to the Daily Star, Home Is Where The Heart Is will see a number of celebrities inviting homeless people to stay with them for three weeks.
Kate Garraway, Anthea Turner, Danielle Lloyd, Liza Tarbuck and Fiona Phillips have allegedly all signed up to take part in the series.
The stars will reportedly be offered a £20,000 fee but will be encouraged to donate £5,000 to their guests.
"This is something brand new," a source said. "It really shines a spotlight on the problems we have in our society. All these celebrities live a good life packed full of fine food, comfy homes and top gadgets. Being so up close and personal with someone who has nothing to their name may also be a huge learning curve for our pampered personalities."
Filming on the show is reportedly expected to begin later this year.