diff --git a/server_addon/houdini/client/ayon_houdini/version.py b/server_addon/houdini/client/ayon_houdini/version.py
index a30c770e1d..eff044feba 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"
+__version__ = "0.3.1"
diff --git a/server_addon/houdini/package.py b/server_addon/houdini/package.py
index 275d21c1bf..a8884ff60a 100644
--- a/server_addon/houdini/package.py
+++ b/server_addon/houdini/package.py
@@ -1,6 +1,6 @@
 name = "houdini"
 title = "Houdini"
-version = "0.3.0"
+version = "0.3.1"
 
 client_dir = "ayon_houdini"