Update PROJECT_APPLICATION_TEMPLATE.md (#177)

minor clarifications

projects/PROJECT_APPLICATION_TEMPLATE.md

@@ -1,6 +1,6 @@
-# Project application: (your project name here)
+# Project Application Instructions
 
-To apply to become a CHIPS Alliance project, copy this template to the relevant subfolder of [this directory](./templates/project-application-template.yml) and open a PR against the TAC repo and add the `tac-meeting` label. 
+To apply to become a CHIPS Alliance project, copy this [template](./templates/project-application-template.yml) to the ```project-data-files``` sub-directory and open a PR against the TAC repo adding`tac-meeting` label. 
 
 If a specific field is not applicable to your project (e.g. your project does not have dedicated social media accounts), please use N/A to signify this.
-For any questions or comments on this process please email operations@chipsalliance.org
+For any questions or comments on this process please email operations@chipsalliance.org