diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0c4648662..db69f43e0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # PowerShell Editor Services Release History
 
+## v3.1.1
+### Monday, January 24, 2022
+
+- #️⃣ 💎 [PowerShellEditorServices #1676](https://github.com/PowerShell/PowerShellEditorServices/pull/1676) - Use EditorConfig for dotnet build and suppress existing issues. (Thanks @JustinGrote!)
+- 🐛 🔍 [PowerShellEditorServices #1672](https://github.com/PowerShell/PowerShellEditorServices/pull/1670) - Handle `debuggerResult` being null in `ProcessDebuggerResult`.
+- 🐛 🙏 [PowerShellEditorServices #1663](https://github.com/PowerShell/PowerShellEditorServices/pull/1669) - Fix off-by-one error in validation within `GetOffsetAtPosition`.
+- 🐛 📟 [PowerShellEditorServices #1667](https://github.com/PowerShell/PowerShellEditorServices/pull/1668) - Fix `Write-Host -NoNewLine` and `-*Color`. (Thanks @SeeminglyScience!)
+- 🐛 🔍 [PowerShellEditorServices #1661](https://github.com/PowerShell/PowerShellEditorServices/pull/1664) - Fix `DebuggerSetsVariablesWithConversion` test.
+- ✨ 🙏 [vscode-powershell #2800](https://github.com/PowerShell/PowerShellEditorServices/pull/1662) - Enable resolution of an alias to its function definition.
+- ✨ 🔍 [PowerShellEditorServices #1633](https://github.com/PowerShell/PowerShellEditorServices/pull/1634) - Display `IEnumerables` and `IDictionaries` in debugger prettily (with "Raw View" available). (Thanks @JustinGrote!)
+
 ## v3.1.0
 ### Monday, January 10, 2022
 
diff --git a/PowerShellEditorServices.Common.props b/PowerShellEditorServices.Common.props
index 0d455cb0e..e0ea97281 100644
--- a/PowerShellEditorServices.Common.props
+++ b/PowerShellEditorServices.Common.props
@@ -1,6 +1,6 @@
 <Project>
   <PropertyGroup>
-    <VersionPrefix>3.1.0</VersionPrefix>
+    <VersionPrefix>3.1.1</VersionPrefix>
     <VersionSuffix></VersionSuffix>
     <Company>Microsoft</Company>
     <Copyright>© Microsoft Corporation.</Copyright>
diff --git a/module/PowerShellEditorServices/PowerShellEditorServices.psd1 b/module/PowerShellEditorServices/PowerShellEditorServices.psd1
index 3bd7cfcb5..c0686bbc8 100644
--- a/module/PowerShellEditorServices/PowerShellEditorServices.psd1
+++ b/module/PowerShellEditorServices/PowerShellEditorServices.psd1
@@ -19,7 +19,7 @@ RootModule = if ($PSEdition -eq 'Core')
     }
 
 # Version number of this module.
-ModuleVersion = '3.1.0'
+ModuleVersion = '3.1.1'
 
 # ID used to uniquely identify this module
 GUID = '9ca15887-53a2-479a-9cda-48d26bcb6c47'