I had a bit of trouble getting this to work as well. Using brouxhaha's answer got me 90% of the way to what I was looking for. But the padding adjust wouldn't allow me to put the text anywhere I wanted. Using top and left seemed to work better for my purposes.
.project-overlay {
position: absolute;
top: 0;
left: 0;
width: 100%;
height: 100%;
color: #fff;
top: 80%;
left: 20%;
}