diff --git a/Directory.Build.props b/Directory.Build.props
index 53865f2cfb..0f51f5d311 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -84,10 +84,10 @@
     <RuntimeInstallerBaseName>aspnetcore-runtime</RuntimeInstallerBaseName>
     <TargetingPackInstallerBaseName>aspnetcore-targeting-pack</TargetingPackInstallerBaseName>
 
-    <!-- Produce targeting pack installers/packages once per major.minor except in extraordinary cases i.e. 3.1.3. -->
+    <!-- Produce targeting pack installers/packages once per major.minor except in extraordinary cases i.e. 3.1.8. -->
     <IsTargetingPackBuilding Condition=" '$(DotNetBuildFromSource)' == 'true' ">false</IsTargetingPackBuilding>
     <IsTargetingPackBuilding
-        Condition=" '$(IsTargetingPackBuilding)' == '' AND '$(AspNetCorePatchVersion)' != '0' ">false</IsTargetingPackBuilding>
+        Condition=" '$(IsTargetingPackBuilding)' == '' AND '$(AspNetCorePatchVersion)' != '8' ">false</IsTargetingPackBuilding>
     <IsTargetingPackBuilding Condition=" '$(IsTargetingPackBuilding)' == '' ">true</IsTargetingPackBuilding>
 
     <!--
diff --git a/eng/Baseline.Designer.props b/eng/Baseline.Designer.props
index b80e51cdc8..6c72f1aa42 100644
--- a/eng/Baseline.Designer.props
+++ b/eng/Baseline.Designer.props
@@ -2,7 +2,7 @@
 <Project>
   <PropertyGroup>
     <MSBuildAllProjects>$(MSBuildAllProjects);$(MSBuildThisFileFullPath)</MSBuildAllProjects>
-    <AspNetCoreBaselineVersion>3.1.6</AspNetCoreBaselineVersion>
+    <AspNetCoreBaselineVersion>3.1.7</AspNetCoreBaselineVersion>
   </PropertyGroup>
   <!-- Package: AspNetCoreRuntime.3.0.x64-->
   <PropertyGroup Condition=" '$(PackageId)' == 'AspNetCoreRuntime.3.0.x64' ">
diff --git a/eng/Baseline.xml b/eng/Baseline.xml
index 650550d179..f04e5b1034 100644
--- a/eng/Baseline.xml
+++ b/eng/Baseline.xml
@@ -4,7 +4,7 @@ This file contains a list of all the packages and their versions which were rele
 Update this list when preparing for a new patch.
 
 -->
-<Baseline Version="3.1.6">
+<Baseline Version="3.1.7">
   <Package Id="AspNetCoreRuntime.3.0.x64" Version="3.0.3" />
   <Package Id="AspNetCoreRuntime.3.0.x86" Version="3.0.3" />
   <Package Id="dotnet-sql-cache" Version="3.1.6" />
@@ -87,4 +87,4 @@ Update this list when preparing for a new patch.
   <Package Id="Microsoft.Extensions.Diagnostics.HealthChecks.EntityFrameworkCore" Version="3.1.6" />
   <Package Id="Microsoft.Extensions.Identity.Core" Version="3.1.6" />
   <Package Id="Microsoft.Extensions.Identity.Stores" Version="3.1.6" />
-</Baseline>
\ No newline at end of file
+</Baseline>
diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index d3b822832f..ba13e20342 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -381,6 +381,11 @@
       <Uri>https://github.com/dotnet/core-setup</Uri>
       <Sha>2d163b87b605fd23ceebfb04484e5ec5f2bffc32</Sha>
     </Dependency>
+    <!-- !!! Pin this again once 3.1.8 is released. May need CoherentParentDependency="Microsoft.EntityFrameworkCore" after next extensions build. -->
+    <Dependency Name="Microsoft.Internal.Extensions.Refs" Version="3.1.0-rtm.19565.4">
+      <Uri>https://github.com/dotnet/Extensions</Uri>
+      <Sha>4e1be2fb546751c773968d7b40ff7f4b62887153</Sha>
+    </Dependency>
     <!--
          Win-x64 is used here because we have picked an arbitrary runtime identifier to flow the version of the latest NETCore.App runtime.
          All Runtime.$rid packages should have the same version.
@@ -402,10 +407,6 @@
       <Uri>https://github.com/dotnet/core-setup</Uri>
       <Sha>65f04fb6db7a5e198d05dbebd5c4ad21eb018f89</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.Internal.Extensions.Refs" Version="3.1.0-rtm.19565.4" Pinned="true">
-      <Uri>https://github.com/aspnet/Extensions</Uri>
-      <Sha>4e1be2fb546751c773968d7b40ff7f4b62887153</Sha>
-    </Dependency>
   </ProductDependencies>
   <ToolsetDependencies>
     <!-- Listed explicitly to workaround https://github.com/dotnet/cli/issues/10528 -->
diff --git a/eng/Versions.props b/eng/Versions.props
index 4b4a752dc0..f0543e4a54 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -8,7 +8,7 @@
   <PropertyGroup Label="Version settings">
     <AspNetCoreMajorVersion>3</AspNetCoreMajorVersion>
     <AspNetCoreMinorVersion>1</AspNetCoreMinorVersion>
-    <AspNetCorePatchVersion>7</AspNetCorePatchVersion>
+    <AspNetCorePatchVersion>8</AspNetCorePatchVersion>
     <PreReleasePreviewNumber>0</PreReleasePreviewNumber>
     <ComponentsWebAssemblyMajorVersion>3</ComponentsWebAssemblyMajorVersion>
     <ComponentsWebAssemblyMinorVersion>2</ComponentsWebAssemblyMinorVersion>
@@ -24,6 +24,7 @@
     <PreReleaseBrandingLabel>Servicing</PreReleaseBrandingLabel>
     <AspNetCoreMajorMinorVersion>$(AspNetCoreMajorVersion).$(AspNetCoreMinorVersion)</AspNetCoreMajorMinorVersion>
     <!-- The following property may need to be updated if ingesting new versions of Extensions.Refs package. The package override version is used to create PackageOverrides.txt in the targeting pack. -->
+    <!-- !!! Update to 3.1.8 once we have a new official build of dotnet/extensions. -->
     <MicrosoftInternalExtensionsRefsPackageOverrideVersion>3.1.0</MicrosoftInternalExtensionsRefsPackageOverrideVersion>
     <!-- Additional assembly attributes are already configured to include the source revision ID. -->
     <IncludeSourceRevisionInInformationalVersion>false</IncludeSourceRevisionInInformationalVersion>
@@ -34,7 +35,7 @@
     <!-- TargetingPackVersionPrefix is used by projects, like .deb and .rpm, which use slightly different version formats. -->
     <TargetingPackVersionPrefix>$(VersionPrefix)</TargetingPackVersionPrefix>
     <!-- Targeting packs do not produce patch versions in servicing builds. No API changes are allowed in patches. -->
-    <TargetingPackVersionPrefix Condition="'$(IsTargetingPackBuilding)' != 'true'">$(AspNetCoreMajorVersion).$(AspNetCoreMinorVersion).3</TargetingPackVersionPrefix>
+    <TargetingPackVersionPrefix Condition="'$(IsTargetingPackBuilding)' != 'true'">$(AspNetCoreMajorVersion).$(AspNetCoreMinorVersion).8</TargetingPackVersionPrefix>
     <ExperimentalVersionPrefix>0.3.$(AspNetCorePatchVersion)</ExperimentalVersionPrefix>
     <!-- ANCM versioning is intentionally 10 + AspNetCoreMajorVersion because earlier versions of ANCM shipped as 8.x. -->
     <AspNetCoreModuleVersionMajor>$([MSBuild]::Add(10, $(AspNetCoreMajorVersion)))</AspNetCoreModuleVersionMajor>