diff --git a/CHANGELOG.md b/CHANGELOG.md
index b2e5eca..20a56a0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.16.0] - 2024-08-30
+
 ### Changed
 
 - App dependencies are now installed into a virtual environment instead of user site-packages. ([#257](https://github.com/heroku/buildpacks-python/pull/257))
@@ -187,7 +189,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Initial implementation. ([#3](https://github.com/heroku/buildpacks-python/pull/3))
 
-[unreleased]: https://github.com/heroku/buildpacks-python/compare/v0.15.0...HEAD
+[unreleased]: https://github.com/heroku/buildpacks-python/compare/v0.16.0...HEAD
+[0.16.0]: https://github.com/heroku/buildpacks-python/compare/v0.15.0...v0.16.0
 [0.15.0]: https://github.com/heroku/buildpacks-python/compare/v0.14.0...v0.15.0
 [0.14.0]: https://github.com/heroku/buildpacks-python/compare/v0.13.0...v0.14.0
 [0.13.0]: https://github.com/heroku/buildpacks-python/compare/v0.12.1...v0.13.0
diff --git a/buildpack.toml b/buildpack.toml
index 6532f7c..4522f50 100644
--- a/buildpack.toml
+++ b/buildpack.toml
@@ -2,7 +2,7 @@ api = "0.10"
 
 [buildpack]
 id = "heroku/python"
-version = "0.15.0"
+version = "0.16.0"
 name = "Heroku Python"
 homepage = "https://github.com/heroku/buildpacks-python"
 description = "Heroku's buildpack for Python applications."