diff --git a/docs/changes/3.1.1.rst b/docs/changes/3.1.1.rst
new file mode 100644
index 000000000..e5983e2ea
--- /dev/null
+++ b/docs/changes/3.1.1.rst
@@ -0,0 +1,31 @@
+Changelog for Falcon 3.1.1
+==========================
+
+Summary
+-------
+
+This is a minor point release addressing a couple of high impact bugs,
+and enabling the framework on the recently released CPython 3.11.
+
+
+Changes to Supported Platforms
+------------------------------
+
+- Falcon is now functional on CPython 3.11.
+  Full 3.11 support (including taking care of stdlib deprecations)
+  will be formalized in Falcon 4.0.
+- As with the previous release, Python 3.5 & 3.6 remain deprecated and
+  will no longer be supported in Falcon 4.0.
+
+
+.. towncrier release notes start
+
+Contributors to this Release
+----------------------------
+
+Many thanks to those who contributed to this bugfix release:
+
+- `CaselIT <https://github.com/CaselIT>`__
+- `kgriffs <https://github.com/kgriffs>`__
+- `TBoshoven <https://github.com/TBoshoven>`__
+- `vytas7 <https://github.com/vytas7>`__
diff --git a/docs/changes/index.rst b/docs/changes/index.rst
index 60122562b..6b8d31c94 100644
--- a/docs/changes/index.rst
+++ b/docs/changes/index.rst
@@ -3,6 +3,7 @@ Changelogs
 
 .. toctree::
 
+   3.1.1 <3.1.1>
    3.1.0 <3.1.0>
    3.0.1 <3.0.1>
    3.0.0 <3.0.0>
diff --git a/falcon/asgi/response.py b/falcon/asgi/response.py
index ffdfb87a1..407be8be9 100644
--- a/falcon/asgi/response.py
+++ b/falcon/asgi/response.py
@@ -15,7 +15,7 @@
 """ASGI Response class."""
 try:
     from asyncio.coroutines import CoroWrapper  # type: ignore
-except ImportError:
+except ImportError:  # pragma: nocover
     CoroWrapper = None  # type: ignore
 from inspect import iscoroutine
 from inspect import iscoroutinefunction
diff --git a/falcon/version.py b/falcon/version.py
index 5db0bf01e..db7febe01 100644
--- a/falcon/version.py
+++ b/falcon/version.py
@@ -14,5 +14,5 @@
 
 """Falcon version."""
 
-__version__ = '3.1.0'
+__version__ = '3.1.1'
 """Current version of Falcon."""
diff --git a/pyproject.toml b/pyproject.toml
index c21f72026..eac1f45d1 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -9,7 +9,7 @@
 [tool.towncrier]
     package = "falcon"
     package_dir = ""
-    filename = "docs/changes/3.1.0.rst"
+    filename = "docs/changes/3.1.1.rst"
     directory = "docs/_newsfragments"
     issue_format = "`#{issue} <https://github.com/falconry/falcon/issues/{issue}>`__"
 
diff --git a/setup.cfg b/setup.cfg
index d404c186a..70edb7f99 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -75,7 +75,7 @@ console_scripts =
 
 [egg_info]
 # TODO replace
-tag_build =
+tag_build = b1
 
 [aliases]
 test=pytest