diff --git a/loopy/version.py b/loopy/version.py
index 02244f55d0dbf207a4641c3ebf6cc33b536f0421..2e86b974ba224e44cbeb557556a72b82e745525d 100644
--- a/loopy/version.py
+++ b/loopy/version.py
@@ -21,7 +21,7 @@ THE SOFTWARE.
 """
 
 
-VERSION = (2016, 2)
+VERSION = (2017, 1)
 VERSION_STATUS = ""
 VERSION_TEXT = ".".join(str(x) for x in VERSION) + VERSION_STATUS
 
@@ -32,4 +32,4 @@ except ImportError:
 else:
     _islpy_version = islpy.version.VERSION_TEXT
 
-DATA_MODEL_VERSION = "v64-islpy%s" % _islpy_version
+DATA_MODEL_VERSION = "v65-islpy%s" % _islpy_version