diff --git a/CHANGELOG.md b/CHANGELOG.md
index 866028a2de8..bbf96c3c551 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,15 @@
+## Unreleased
+
+### Added
+
+### Changed
+
+### Deprecated
+
+### Removed
+
+### Bug Fixes
+
 ## v0.16.0
 
 ### Added
diff --git a/doc/migration/version-upgrade-guide.md b/doc/migration/version-upgrade-guide.md
index a19f067455f..a0f5972ff96 100644
--- a/doc/migration/version-upgrade-guide.md
+++ b/doc/migration/version-upgrade-guide.md
@@ -838,7 +838,7 @@ oprator-sdk run exec-entrypoint helm --watches-file=$HOME/watches.yaml
 
 See the [CHANGELOG](https://github.com/operator-framework/operator-sdk/blob/master/CHANGELOG.md#v0151) for details of the release.
 
-## Unreleased
+## v0.16.x
 
 ### Bug Fixes and Improvements for Metrics
 
diff --git a/internal/scaffold/ansible/go_mod.go b/internal/scaffold/ansible/go_mod.go
index 3602b8174c0..5f1873ed4ca 100644
--- a/internal/scaffold/ansible/go_mod.go
+++ b/internal/scaffold/ansible/go_mod.go
@@ -42,7 +42,7 @@ const goModTmpl = `module {{ .Repo }}
 go 1.13
 
 require (
-	github.com/operator-framework/operator-sdk v0.16.0
+	github.com/operator-framework/operator-sdk v0.16.x
 	sigs.k8s.io/controller-runtime v0.4.0
 )
 
diff --git a/internal/scaffold/go_mod.go b/internal/scaffold/go_mod.go
index 72b231e52ef..ca5c822aca9 100644
--- a/internal/scaffold/go_mod.go
+++ b/internal/scaffold/go_mod.go
@@ -41,7 +41,7 @@ const goModTmpl = `module {{ .Repo }}
 go 1.13
 
 require (
-	github.com/operator-framework/operator-sdk v0.16.0
+	github.com/operator-framework/operator-sdk v0.16.x
 	sigs.k8s.io/controller-runtime v0.4.0
 )
 
diff --git a/internal/scaffold/helm/go_mod.go b/internal/scaffold/helm/go_mod.go
index fec61ad8114..0cdf6ba2559 100644
--- a/internal/scaffold/helm/go_mod.go
+++ b/internal/scaffold/helm/go_mod.go
@@ -42,7 +42,7 @@ const goModTmpl = `module {{ .Repo }}
 go 1.13
 
 require (
-	github.com/operator-framework/operator-sdk v0.16.0
+	github.com/operator-framework/operator-sdk v0.16.x
 	sigs.k8s.io/controller-runtime v0.4.0
 )
 
diff --git a/version/version.go b/version/version.go
index a645239f155..6a8a5479901 100644
--- a/version/version.go
+++ b/version/version.go
@@ -20,7 +20,7 @@ import (
 )
 
 var (
-	Version    = "v0.16.0"
+	Version    = "v0.16.0+git"
 	GitVersion = "unknown"
 	GitCommit  = "unknown"
 	GoVersion  = fmt.Sprintf("%s %s/%s", runtime.Version(), runtime.GOOS, runtime.GOARCH)