diff --git a/CHANGELOG.md b/CHANGELOG.md
index ae624ed4c4..f43317417e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,9 +1,9 @@
-# 1.16.1 (Unreleased)
+# 1.16.1 (March 24, 2021)
 
 BUG FIXES:
 
-* Backported #591, making sure the pre-destroy state was passed to CheckDestroy, instead of the post-destroy state [GH-728]
-* Updated import testing when using binary testing to work with Terraform 0.13 and above, with registry addresses in state. [GH-702]
+* Backported #591, making sure the pre-destroy state was passed to CheckDestroy, instead of the post-destroy state ([#728](https://github.com/hashicorp/terraform-plugin-sdk/issues/728))
+* Updated import testing when using binary testing to work with Terraform 0.13 and above, with registry addresses in state. ([#702](https://github.com/hashicorp/terraform-plugin-sdk/issues/702))
 
 # 1.16.0 (September 24, 2020)
 
diff --git a/meta/meta.go b/meta/meta.go
index 98d1464fdd..e2ffbb2557 100644
--- a/meta/meta.go
+++ b/meta/meta.go
@@ -11,7 +11,7 @@ import (
 )
 
 // The main version number that is being run at the moment.
-var SDKVersion = "1.16.0"
+var SDKVersion = "1.16.1"
 
 // A pre-release marker for the version. If this is "" (empty string)
 // then it means that it is a final release. Otherwise, this is a pre-release