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3 <br />FINANCIAL IMPACT: None. Should the Board approve the transaction, the County will gain a <br />suitable lot for affordable housing that may be donated or sold as the Board authorizes. <br />RECOMMENDATION(S): The Manager recommends the Board: <br />1) approve a land recombination ( "land swap ") transaction with AlterVue, LLC involving <br />adjacent parcels to mutually benefit the County and AlterVue, LLC with regard to the <br />integrity of a single family residential property located at 416 Faucette Mill Road and <br />adjacent County owned property that may be used for future affordable housing <br />development; <br />2) donate the resulting County parcel to Habitat for Humanity of Orange County for the <br />purpose of developing an affordable single family housing unit; <br />3) authorize the Chair to sign the necessary paperwork upon final review of the County <br />Attorney; and <br />4) support the Manager's efforts in pursuing similar efforts to analyze under - utilized or <br />vacant parcels owned by the County that may be suitable for future affordable housing <br />development. <br />