diff --git a/VERSION b/VERSION
index 913ca81..79a4ff3 100644
--- a/VERSION
+++ b/VERSION
@@ -3,5 +3,5 @@
 #
 PKG_MAJOR=3
 PKG_MINOR=1
-PKG_REVISION=6
+PKG_REVISION=7-rc1
 PKG_BUILD=1
diff --git a/configure.ac b/configure.ac
index 8d78ed4..cca44c2 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,4 +1,4 @@
-AC_INIT([xfsdump], [3.1.6])
+AC_INIT([xfsdump], [3.1.7-rc1])
 AC_PREREQ(2.50)
 AC_CONFIG_AUX_DIR([.])
 AC_CONFIG_MACRO_DIR([m4])
diff --git a/doc/CHANGES b/doc/CHANGES
index 0de2fe1..1a68cc5 100644
--- a/doc/CHANGES
+++ b/doc/CHANGES
@@ -1,3 +1,8 @@
+xfsdump-3.1.7-rc1  (13 Jul 2017)
+	- Fix race condition in multi-stream dump (Eryu Guan)
+	- Fix memory leak (Paulo Alcantara)
+	- Fix 32-bit build with newer xfsprogs (Eric Sandeen)
+
 xfsdump-3.1.6 (14 Oct 2015)
 	- fix build issues against xfsprogs 4.2.0 headers
 	- clean up worst of libhandle API abuse