diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6394b4f6d7..6237a9f54a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 This is a list of high-level changes for each release of AWX. A full list of commits can be found at `https://github.com/ansible/awx/releases/tag/<version>`.
 
+# 17.0.1 (January 26, 2021)
+- Fixed pgdocker directory permissions issue with Local Docker installer: https://github.com/ansible/awx/pull/9152
+- Fixed a bug in the UI which caused toggle settings to not be changed when clicked: https://github.com/ansible/awx/pull/9093
+
 # 17.0.0 (January 22, 2021)
 - AWX now requires PostgreSQL 12 by default: https://github.com/ansible/awx/pull/8943
   **Note:** users who encounter permissions errors at upgrade time should `chown -R ~/.awx/pgdocker` to ensure it's owned by the user running the install playbook
diff --git a/VERSION b/VERSION
index aac58983e6..3e17df0287 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-17.0.0
+17.0.1
diff --git a/awxkit/VERSION b/awxkit/VERSION
index aac58983e6..3e17df0287 100644
--- a/awxkit/VERSION
+++ b/awxkit/VERSION
@@ -1 +1 @@
-17.0.0
+17.0.1