I am not sure about the funds used on the East Bank Esplenade.

Multnomah County, which owns, oversees, and maintains the Sellwood Bridge, has started the process which will end up identifying what type of new bridge (or repairs, though that seems less likely) will be built to replace the current Sellwood Bridge. I am fairly sure that we'll be receiving federal funds for this project.

I doubt that it will be competing for funds with the Burnside project, since those projects will be pursuing different funding sources/mechanisms.

Also, the Burnside project, redesigning one of the most dangerous streets in the city and remedying its intersections -which produce the most pedestrian fatalities in the city- is more than a cosmetic upgrade. Increasing the safety of Portland's streets is Sam's number-one transportation priority. Fixing Burnside definitely falls in this category.