diff --git a/Make.config b/Make.config
index 6160471ba1..1b04d85542 100644
--- a/Make.config
+++ b/Make.config
@@ -155,9 +155,9 @@ include $(TOP)/mk/mono.mk
 MONO_HASH := $(NEEDED_MONO_VERSION)
 
 # Minimum Mono version for building XI/XM
-MIN_MONO_VERSION=6.12.0.173
+MIN_MONO_VERSION=6.12.0.174
 MAX_MONO_VERSION=6.12.99
-MIN_MONO_URL=https://xamjenkinsartifact.azureedge.net/build-package-osx-mono/2020-02/179/f34bd77e39212e3a3910775ff08489adfc1013e6/MonoFramework-MDK-6.12.0.173.macos10.xamarin.universal.pkg
+MIN_MONO_URL=https://xamjenkinsartifact.azureedge.net/build-package-osx-mono/2020-02/180/adf1bc4335d710088c58e824b6027255096cc295/MonoFramework-MDK-6.12.0.174.macos10.xamarin.universal.pkg
 
 # Minimum Mono version for Xamarin.Mac apps using the system mono
 MIN_XM_MONO_VERSION=6.4.0.94
diff --git a/mk/mono.mk b/mk/mono.mk
index 3a26d4aa40..9ab6002038 100644
--- a/mk/mono.mk
+++ b/mk/mono.mk
@@ -1,4 +1,4 @@
-NEEDED_MONO_VERSION := f34bd77e39212e3a3910775ff08489adfc1013e6
+NEEDED_MONO_VERSION := adf1bc4335d710088c58e824b6027255096cc295
 NEEDED_MONO_BRANCH := 2020-02
 
 MONO_DIRECTORY := mono