diff --git a/server_addon/houdini/client/ayon_houdini/version.py b/server_addon/houdini/client/ayon_houdini/version.py
index a30c770e1d..87d445d563 100644
--- a/server_addon/houdini/client/ayon_houdini/version.py
+++ b/server_addon/houdini/client/ayon_houdini/version.py
@@ -1,3 +1,3 @@
 # -*- coding: utf-8 -*-
-"""Package declaring Houdini addon version."""
-__version__ = "0.3.0"
+"""Package declaring AYON addon 'houdini' version."""
+__version__ = "0.3.1"