diff --git a/build/version.settings.targets b/build/version.settings.targets
index 7f0008e95..f606a565b 100644
--- a/build/version.settings.targets
+++ b/build/version.settings.targets
@@ -3,8 +3,8 @@
     <!--SxS: These three properties should be changed at the start of a new version, VersionZeroYear should be the year
     before the start of the project.-->
     <MajorVersion>17</MajorVersion>
-    <MinorVersion>4</MinorVersion>
-    <VersionZeroYear>2020</VersionZeroYear>
+    <MinorVersion>8</MinorVersion>
+    <VersionZeroYear>2022</VersionZeroYear>
     <!-- Note: for compatibility, we leave the default assembly version of the repo at 14.0.
     If we ever decide to change this, make sure that you notify partner teams such as C++ IOT -->
     <AssemblyVersion Condition="'$(AssemblyVersion)'==''">14.0.0.0</AssemblyVersion>