diff --git a/.github/ISSUE_TEMPLATE/bug.yml b/.github/ISSUE_TEMPLATE/bug.yml
index 52f0a35a9..ee12485bf 100644
--- a/.github/ISSUE_TEMPLATE/bug.yml
+++ b/.github/ISSUE_TEMPLATE/bug.yml
@@ -13,7 +13,7 @@ body:
     attributes:
       label: Singer SDK Version
       description: Version of the library you are using
-      placeholder: "0.39.0"
+      placeholder: "0.39.1"
     validations:
       required: true
   - type: checkboxes
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3d953a0e6..27d538a6d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,25 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## v0.39.1 (2024-08-07)
+
+### 🐛 Fixes
+
+- [#2589](https://github.com/meltano/sdk/issues/2589) Make sink assertion compatible with stream maps -- _**Thanks @JCotton1123!**_
+- [#2592](https://github.com/meltano/sdk/issues/2592) Fixed typos in `--about` plain text output
+- [#2580](https://github.com/meltano/sdk/issues/2580) Date fields are now properly serialized as ISO dates, i.e. "YYYY-MM-DD"
+- [#2583](https://github.com/meltano/sdk/issues/2583) Quote add-column-ddl with column starting with `_` (underscore) based on engine -- _**Thanks @haleemur!**_
+- [#2582](https://github.com/meltano/sdk/issues/2582) DDL for adding a column now uses a SQLAlchemy-compiled clause to apply proper quoting -- _**Thanks @haleemur!**_
+- [#2418](https://github.com/meltano/sdk/issues/2418) Check replication method instead of key to determine if a SQL stream is sorted
+
+### ⚙️ Under the Hood
+
+- [#2520](https://github.com/meltano/sdk/issues/2520) Remove unused dependencies `pendulum` and `python-dateutil`
+
+### 📚 Documentation Improvements
+
+- [#2579](https://github.com/meltano/sdk/issues/2579) Documented support for `packaging` semantic type in contributing guide
+
 ## v0.39.0 (2024-07-27)
 
 ### ✨ New
diff --git a/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml b/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml
index cc0022fb2..7c4568934 100644
--- a/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml
+++ b/cookiecutter/mapper-template/{{cookiecutter.mapper_id}}/pyproject.toml
@@ -31,12 +31,12 @@ packages = [
 
 [tool.poetry.dependencies]
 python = ">=3.8"
-singer-sdk = { version="~=0.39.0"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
+singer-sdk = { version="~=0.39.1"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
 fs-s3fs = { version = "~=1.1.1", optional = true }
 
 [tool.poetry.group.dev.dependencies]
 pytest = ">=8"
-singer-sdk = { version="~=0.39.0", extras = ["testing"] }
+singer-sdk = { version="~=0.39.1", extras = ["testing"] }
 
 [tool.poetry.extras]
 s3 = ["fs-s3fs"]
diff --git a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
index 05eac4473..6556a2f1b 100644
--- a/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
+++ b/cookiecutter/tap-template/{{cookiecutter.tap_id}}/pyproject.toml
@@ -31,7 +31,7 @@ packages = [
 [tool.poetry.dependencies]
 python = ">=3.8"
 importlib-resources = { version = "==6.4.*", python = "<3.9" }
-singer-sdk = { version="~=0.39.0", extras = [
+singer-sdk = { version="~=0.39.1", extras = [
     {%- if cookiecutter.auth_method == "JWT" -%}"jwt", {% endif -%}
     {%- if cookiecutter.faker_extra -%}"faker",{%- endif -%}
 ] }
@@ -43,9 +43,9 @@ requests = "~=2.32.3"
 [tool.poetry.group.dev.dependencies]
 pytest = ">=8"
 {%- if cookiecutter.auth_method == "JWT" %}
-singer-sdk = { version="~=0.39.0", extras = ["jwt", "testing"] }
+singer-sdk = { version="~=0.39.1", extras = ["jwt", "testing"] }
 {%- else %}
-singer-sdk = { version="~=0.39.0", extras = ["testing"] }
+singer-sdk = { version="~=0.39.1", extras = ["testing"] }
 {%- endif %}
 
 [tool.poetry.extras]
diff --git a/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml b/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
index 18f7a3193..9cf626117 100644
--- a/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
+++ b/cookiecutter/target-template/{{cookiecutter.target_id}}/pyproject.toml
@@ -30,7 +30,7 @@ packages = [
 
 [tool.poetry.dependencies]
 python = ">=3.8"
-singer-sdk = { version="~=0.39.0"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
+singer-sdk = { version="~=0.39.1"{{ ', extras = ["faker"]' if cookiecutter.faker_extra }} }
 fs-s3fs = { version = "~=1.1.1", optional = true }
 {%- if cookiecutter.serialization_method != "SQL" %}
 requests = "~=2.32.3"
@@ -38,7 +38,7 @@ requests = "~=2.32.3"
 
 [tool.poetry.dev-dependencies]
 pytest = ">=8"
-singer-sdk = { version="~=0.39.0", extras = ["testing"] }
+singer-sdk = { version="~=0.39.1", extras = ["testing"] }
 
 [tool.poetry.extras]
 s3 = ["fs-s3fs"]
diff --git a/docs/conf.py b/docs/conf.py
index b5fbaefe2..447549f24 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -29,7 +29,7 @@
 author = "Meltano Core Team and Contributors"
 
 # The full version, including alpha/beta/rc tags
-release = "0.39.0"
+release = "0.39.1"
 
 
 # -- General configuration -------------------------------------------------------------
diff --git a/pyproject.toml b/pyproject.toml
index d0563b0e7..2b272313a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -174,7 +174,7 @@ norecursedirs = "cookiecutter"
 
 [tool.commitizen]
 name = "cz_version_bump"
-version = "0.39.0"
+version = "0.39.1"
 changelog_merge_prerelease = true
 prerelease_offset = 1
 tag_format = "v$major.$minor.$patch$prerelease"