The fight will take place at TD Garden in Boston.
Alves has not competed since March 3, 2012. After controlling most of the UFC on FX 2 main event, an overaggressive Alves got caught in a guillotine choke by Martin Kampmann and tapped at 4:12 of the third round.
In July 2009 at UFC 100, Alves came up short in his bid to dethrone 170-pound titleholder Georges St-Pierre. Alves was taken to the ground repeatedly by the champ en route to a lopsided unanimous-decision loss.
Brown will seek to extend his win streak to six. He knocked out Jordan Mein in the second round of a bout on April 20.