diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 0f253fb3..966eb074 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -5,6 +5,25 @@ Openstack Cloud Ansilbe modules Release Notes
 .. contents:: Topics
 
 
+v1.7.1
+======
+
+Release Summary
+---------------
+
+Bugfixes
+
+Minor Changes
+-------------
+
+- lb_member - Add monitor_[address,port] parameter
+
+Bugfixes
+--------
+
+- openstack_inventory - Fix documentation
+- quota - Fix description of volumes_types parameter
+
 v1.7.0
 ======
 
diff --git a/changelogs/changelog.yaml b/changelogs/changelog.yaml
index efde8cdf..cca4c8c2 100644
--- a/changelogs/changelog.yaml
+++ b/changelogs/changelog.yaml
@@ -304,3 +304,12 @@ releases:
       name: baremetal_port_info
       namespace: ''
     release_date: '2022-02-15'
+  1.7.1:
+    changes:
+      bugfixes:
+      - openstack_inventory - Fix documentation
+      - quota - Fix description of volumes_types parameter
+      minor_changes:
+      - lb_member - Add monitor_[address,port] parameter
+      release_summary: Bugfixes
+    release_date: '2022-03-08'
diff --git a/galaxy.yml b/galaxy.yml
index 67f638e1..fde97146 100644
--- a/galaxy.yml
+++ b/galaxy.yml
@@ -33,4 +33,4 @@ build_ignore:
   - ansible_collections_openstack.egg-info
   - contrib
   - changelogs
-version: 1.7.0
+version: 1.7.1