\documentclass[11pt,letterpaper,english]{article}
\usepackage[T1]{fontenc} % Standard package for selecting font encodingsamely titles, headers and contents
\usepackage{txfonts} % makes spacing between characters space correctly
\usepackage{xcolor} % Driver-independent color extensions for LaTeX and pdfLaTeX.
%\usepackage[pagestyles,raggedright]{titlesec} % related with sections—n
%\usepackage{blindtext} % To create text
\usepackage{fancyhdr} % header footer placement

\usepackage[top=1in, bottom=1in, left=1in, right=1in] {geometry} % Margins
\usepackage{graphicx}  % Essential for adding images to you document.

\usepackage{sectsty}
\sectionfont{\large}
\subsectionfont{\normalsize}
\subsubsectionfont{\normalsize \it}

\usepackage{caption}
\captionsetup{labelsep=period}


\pagestyle{fancy} % allows you to use the header and footer commands

\raggedright
\begin{document}

\setlength{\parindent}{0in} % Amount of indentation at the first line of a paragraph.

\pagestyle{fancy} \lhead{Proposal Title} \rhead{Lead PI} \renewcommand{%
\headrulewidth}{0.0pt}

\begin{center}
\bf \large {PROJECT STATUS SUMMARY} \\
{\bf \small \color{red} {\em (Must not exceed 1 page.)}}
\end{center}


%\begin{flushleft}
%\bigskip

\textbf{Title (\emph{80 characters max; strictly enforced})}: Text \smallskip

\textbf{PI and Co-PI(s)}: Text \smallskip

\textbf{Applying Institution/Organization}: Text \smallskip

\textbf{Resource Name(s) and Number of Node Hours Requested}: Text \smallskip

\textbf{Amount of Storage Requested}: Text \smallskip

\textbf{Status Summary ({\emph{May use the remainder of page}}):} \\

Briefly summarize the goals of the project. It is unnecessary to repeat the executive summary from the original proposal. The project status summary should include an overview of the achievements to date. Industry organizations should also summarize the economic or strategic business impact of the accomplishments to date.\\
\vspace{.15in}
Insert paragraph(s). 

%\end{flushleft}

\end{document}
