diff --git a/eng/Versions.props b/eng/Versions.props
index 7511801cb..98fb92235 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -113,7 +113,7 @@
     <MicrosoftDotNetCommonItemTemplates70PackageVersion>7.0.100-rc.1.22416.16</MicrosoftDotNetCommonItemTemplates70PackageVersion>
     <MicrosoftAspNetCoreAppRuntime50PackageVersion>5.0.13</MicrosoftAspNetCoreAppRuntime50PackageVersion>
     <MicrosoftAspNetCoreAppRuntime60PackageVersion>6.0.1</MicrosoftAspNetCoreAppRuntime60PackageVersion>
-    <MicrosoftAspNetCoreAppRuntime70PackageVersion>7.0.0-rc.1.22427.1</MicrosoftAspNetCoreAppRuntime70PackageVersion>
+    <MicrosoftAspNetCoreAppRuntime70PackageVersion>7.0.0-rc.1.22423.7</MicrosoftAspNetCoreAppRuntime70PackageVersion>
     <MicrosoftWinFormsProjectTemplates50PackageVersion>5.0.17-servicing.22215.4</MicrosoftWinFormsProjectTemplates50PackageVersion>
     <MicrosoftWPFProjectTemplates50PackageVersion>5.0.17-servicing.22218.2</MicrosoftWPFProjectTemplates50PackageVersion>
     <MicrosoftWinFormsProjectTemplates60PackageVersion>6.0.7-servicing.22322.3</MicrosoftWinFormsProjectTemplates60PackageVersion>
@@ -142,7 +142,7 @@
     <NUnit3Templates70PackageVersion>$(NUnit3DotNetNewTemplatePackageVersion)</NUnit3Templates70PackageVersion>
     <MicrosoftDotNetCommonItemTemplates70PackageVersion>7.0.100-rc.1.22431.7</MicrosoftDotNetCommonItemTemplates70PackageVersion>
     <MicrosoftDotNetCommonProjectTemplates70PackageVersion>7.0.100-rc.1.22431.7</MicrosoftDotNetCommonProjectTemplates70PackageVersion>
-    <AspNetCorePackageVersionFor70Templates>7.0.0-rc.1.22427.1</AspNetCorePackageVersionFor70Templates>
+    <AspNetCorePackageVersionFor70Templates>7.0.0-rc.1.22423.7</AspNetCorePackageVersionFor70Templates>
     <!-- 6.0 Template versions -->
     <MicrosoftDotnetWinFormsProjectTemplates60PackageVersion>$(MicrosoftWinFormsProjectTemplates60PackageVersion)</MicrosoftDotnetWinFormsProjectTemplates60PackageVersion>
     <MicrosoftDotNetWpfProjectTemplates60PackageVersion>$(MicrosoftWPFProjectTemplates60PackageVersion)</MicrosoftDotNetWpfProjectTemplates60PackageVersion>
diff --git a/src/redist/targets/GenerateBundledVersions.targets b/src/redist/targets/GenerateBundledVersions.targets
index ff55bfaec..2227d40a8 100644
--- a/src/redist/targets/GenerateBundledVersions.targets
+++ b/src/redist/targets/GenerateBundledVersions.targets
@@ -77,12 +77,12 @@
       <_NETCorePlatformsPackageVersion>$(MicrosoftNETCorePlatformsPackageVersion)</_NETCorePlatformsPackageVersion>
 
       <!-- TODO: Once .NET 7.0 has released, update these version numbers to 7.0.0 -->
-      <_NET70RuntimePackVersion>7.0.0-rc.1.22427.1</_NET70RuntimePackVersion>
-      <_NET70TargetingPackVersion>7.0.0-rc.1.22427.1</_NET70TargetingPackVersion>
-      <_WindowsDesktop70RuntimePackVersion>7.0.0-rc.1.22431.18</_WindowsDesktop70RuntimePackVersion>
-      <_WindowsDesktop70TargetingPackVersion>7.0.0-rc.1.22431.18</_WindowsDesktop70TargetingPackVersion>
-      <_AspNet70RuntimePackVersion>7.0.0-rc.1.22426.10</_AspNet70RuntimePackVersion>
-      <_AspNet70TargetingPackVersion>7.0.0-rc.1.22426.10</_AspNet70TargetingPackVersion>
+      <_NET70RuntimePackVersion>7.0.0-rc.1.22423.16</_NET70RuntimePackVersion>
+      <_NET70TargetingPackVersion>7.0.0-rc.1.22423.16</_NET70TargetingPackVersion>
+      <_WindowsDesktop70RuntimePackVersion>7.0.0-rc.1.22423.6</_WindowsDesktop70RuntimePackVersion>
+      <_WindowsDesktop70TargetingPackVersion>7.0.0-rc.1.22423.6</_WindowsDesktop70TargetingPackVersion>
+      <_AspNet70RuntimePackVersion>7.0.0-rc.1.22423.7</_AspNet70RuntimePackVersion>
+      <_AspNet70TargetingPackVersion>7.0.0-rc.1.22423.7</_AspNet70TargetingPackVersion>
 
       <_NET60RuntimePackVersion>6.0.$(VersionFeature60)</_NET60RuntimePackVersion>
       <_NET60TargetingPackVersion>6.0.$(VersionFeature60)</_NET60TargetingPackVersion>
diff --git a/test/SdkTests/SdkTests.csproj b/test/SdkTests/SdkTests.csproj
index 69de3c47c..dcc98dcfa 100644
--- a/test/SdkTests/SdkTests.csproj
+++ b/test/SdkTests/SdkTests.csproj
@@ -63,7 +63,7 @@
       <RuntimeVersionToInstall Include="3.1.0" />
       <RuntimeVersionToInstall Include="5.0.0" />
       <RuntimeVersionToInstall Include="6.0.0" />
-      <RuntimeVersionToInstall Include="7.0.0-rc.1.22427.1" />
+      <RuntimeVersionToInstall Include="7.0.0-rc.1.22423.16" />
     </ItemGroup>
     
   </Target>