diff --git a/homeassistant/const.py b/homeassistant/const.py
index c2ee7de691f100b840a88fcfe1dd4819cfea9284..6902a728ea71ebca5704ddb140362afa2efcc9d8 100644
--- a/homeassistant/const.py
+++ b/homeassistant/const.py
@@ -7,7 +7,7 @@ from .backports.enum import StrEnum
 
 MAJOR_VERSION: Final = 2022
 MINOR_VERSION: Final = 7
-PATCH_VERSION: Final = "0"
+PATCH_VERSION: Final = "1"
 __short_version__: Final = f"{MAJOR_VERSION}.{MINOR_VERSION}"
 __version__: Final = f"{__short_version__}.{PATCH_VERSION}"
 REQUIRED_PYTHON_VER: Final[tuple[int, int, int]] = (3, 9, 0)
diff --git a/pyproject.toml b/pyproject.toml
index b4994d55edbba937bc9532531e772b29cbec1b0f..48e3ea452ffdb44a2df22fff4a1901df36a25764 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name        = "homeassistant"
-version     = "2022.7.0"
+version     = "2022.7.1"
 license     = {text = "Apache-2.0"}
 description = "Open-source home automation platform running on Python 3."
 readme      = "README.rst"