The drama program revolves around 21-year-old singing sensation Starla and her sister Taylor, a 15- year-old aspiring fashion designer.
As transplants in the city, the sisters find themselves challenged by competition at school, relationships and other pressures.
" Halls of Fame promises to be a realistic journey into how young people can get started in the entertainment business," Ludacris said in a statement. "It's about working hard and being dedicated toward your goals and will hopefully help to empower more kids into believing that they too can realize their dreams."
In addition to a recurring role, the rapper will write and perform original music for each episode of Halls of Fame, which is also executive-produced by Dallas Jackson and produced by Amani Walker.
"Whether it's music, fashion, dancing or acting, everyone has to start somewhere," Ludacris said. "Hopefully this program will show teens one way to go about it as well as the realistic obstacles they'll come up against. And there's no better place than The N for this show."
In related news, Ludacris will reprise his role as Darius Parker on NBC's hits series Law & Order: SVU in 2007.