diff --git a/debian/changelog b/debian/changelog
index e17261a71c..ac2b54ac6e 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,15 @@
+paasta-tools (0.147.0) xenial; urgency=medium
+
+  * 0.147.0 tagged with 'make release'
+    Commit: Delete support for using host network in k8s (#3463)  This
+    was never plumbed through for k8s and we don"t seem to actually need
+    it, so let"s prevent folks from adding a misleading config option
+    that will actually noop  NB: we could support this, but it"s pretty
+    insecure so until someone has a good reason to need this - we can
+    punt on that.
+
+ -- Luis Perez <luisp@yelp.com>  Mon, 19 Sep 2022 09:41:00 -0700
+
 paasta-tools (0.146.2) xenial; urgency=medium
 
   * 0.146.2 tagged with 'make release'
diff --git a/paasta_tools/__init__.py b/paasta_tools/__init__.py
index 735f58b793..2c7939db49 100644
--- a/paasta_tools/__init__.py
+++ b/paasta_tools/__init__.py
@@ -17,4 +17,4 @@
 # setup phase, the dependencies may not exist on disk yet.
 #
 # Don't bump version manually. See `make release` docs in ./Makefile
-__version__ = "0.146.2"
+__version__ = "0.147.0"
diff --git a/yelp_package/Makefile b/yelp_package/Makefile
index 3d4bed3ae8..124402b0a9 100644
--- a/yelp_package/Makefile
+++ b/yelp_package/Makefile
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 # Edit this release and run "make release"
-RELEASE=0.146.2
+RELEASE=0.147.0
 
 SHELL=/bin/bash