diff --git a/Directory.Build.props b/Directory.Build.props
index f81e37fe66..a703128667 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -18,7 +18,7 @@
       new iteration to the goal number. This is also used to version the local packages. This version needs to be statically
       readable when we read the file as xml, don't move it to a .props file, unless you change the build server process
     -->
-    <TPVersionPrefix>17.6.0</TPVersionPrefix>
+    <TPVersionPrefix>17.7.0</TPVersionPrefix>
     <!--
         Versioning is defined from the build script. Use a default dev build if it's not defined.
         Sets the AssemblyVersion, AssemblyFileVersion and AssemblyInformationalVersion
diff --git a/eng/Versions.props b/eng/Versions.props
index b2a0383428..8b0a8c30f2 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -2,7 +2,7 @@
 <Project>
   <PropertyGroup Label="Version settings">
     <!-- This repo version -->
-    <VersionPrefix>17.6.0</VersionPrefix>
+    <VersionPrefix>17.7.0</VersionPrefix>
     <PreReleaseVersionLabel>preview</PreReleaseVersionLabel>
   </PropertyGroup>
   <PropertyGroup Label="Arcade settings">