diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7743cb2c55..55f95ef256 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,7 +1,20 @@
 # Change Log
 
 ## [Unreleased]
-[Unreleased]: https://github.com/cashapp/redwood/compare/0.15.0...HEAD
+[Unreleased]: https://github.com/cashapp/redwood/compare/0.16.0...HEAD
+
+New:
+- Nothing yet!
+
+Changed:
+- Nothing yet!
+
+Fixed:
+- Nothing yet!
+
+
+## [0.16.0] - 2024-11-19
+[0.16.0]: https://github.com/cashapp/redwood/releases/tag/0.16.0
 
 New:
 - Redwood publishes what's happening in bound content through the new `Content.State` type.
diff --git a/build-support/src/main/kotlin/app/cash/redwood/buildsupport/RedwoodBuildPlugin.kt b/build-support/src/main/kotlin/app/cash/redwood/buildsupport/RedwoodBuildPlugin.kt
index af1c5f9818..e3836c752f 100644
--- a/build-support/src/main/kotlin/app/cash/redwood/buildsupport/RedwoodBuildPlugin.kt
+++ b/build-support/src/main/kotlin/app/cash/redwood/buildsupport/RedwoodBuildPlugin.kt
@@ -75,7 +75,7 @@ import org.jetbrains.kotlin.gradle.tasks.KotlinJvmCompile
 private const val REDWOOD_GROUP_ID = "app.cash.redwood"
 
 // HEY! If you change the major version update release.yaml doc folder.
-private const val REDWOOD_VERSION = "0.16.0-SNAPSHOT"
+private const val REDWOOD_VERSION = "0.17.0-SNAPSHOT"
 
 private val isCiEnvironment = System.getenv("CI") == "true"