Adds spfx v1.16 compatibility (SharePoint#8585)

Author: milanholemans

docs/spfx/compatibility.md

@@ -1,7 +1,7 @@
 ---
 title: SharePoint Framework development tools and libraries compatibility
 description: Find which versions of the SharePoint Framework are compatible with each version of SharePoint, development tools and libraries.
-ms.date: 08/23/2022
+ms.date: 11/15/2022
 ms.localizationpriority: high
 ---
 # SharePoint Framework development tools and libraries compatibility
@@ -34,6 +34,7 @@ The following table lists SharePoint Framework and compatible versions of common
 
 |              SPFx               |   Node.js (LTS) |                    NPM                    |   TypeScript   |    React    |
 | ------------------------------- | --------------- | ----------------------------------------- | -------------- | ----------- |
+| [1.16.0](release-1.16.md)       | v16.13+         | v5, v6, v7, v8                            | v4.5           | v17.0.1     |
 | [1.15.2](release-1.15.2.md)     | v12, v14, v16   | v5, v6, v7, v8                            | v4.5           | v16.13.1    |
 | [1.15.0](release-1.15.md)       | v12, v14, v16   | v5, v6, v7, v8                            | v4.5           | v16.13.1    |
 | [1.14.0](release-1.14.md)       | v12,  v14       | v5, v6                                    | v3.9           | v16.13.1    |