Latest Release - March 12, 2014
Elgg 1.8.19 is the latest and recommended version of Elgg.
Latest 1.7 release - March 12th, 2014
Elgg 1.7.22 includes an important security fix.
It is the recommended release if using Elgg 1.7.
If you are looking for somewhere to host your Elgg powered network, we are putting together a list of providers who have added Elgg hosting to their services.
If you're a developer and want the latest code you can grab the latest work in progress through GitHub: